Poland: Public Deficit Targed Missed

Politics ♦ Published: April 24, 2013; 20:04 ♦ (Vindobona)

Rowstowski does not expect the excessive deficit procedure to be lifted.

Poland: Public Deficit Targed Missed / Picture: © Vindobona.org

Deputy Prime Minister and Finance Minister of Poland Jacek Rostowski announced he did not expect the EU Council to elevate the excessive deficit procedure on Poland since the country missed the public defict target last year. The data was recently released by the Central Statistical Office of Poland (GUS).

Poland had previously expected the deficit not to exceed 3.5 % of its GDP.…