Poland´s Deficit Target in Danger

Politics ♦ Published: August 17, 2012; 15:54 ♦ (Vindobona)

The Polish government may fail the 3.0% deficit target in 2012. Above all, the economic slowdown is a risk factor.

Poland´s Deficit Target in Danger / Picture: © Flickr

According to the Polish Prime Minister Donald Tusk, the Polish government may miss the 3.0% budget deficit target this year. Tusk refers to the slower economic growth and the reduced VAT inflow. “Then it could be difficult to meet this target.” Tusk said. However, he underlined to pursue this target. As a result, growth-stimulating measures will not be taken, he explained. Tusk…