Thursday, April 24th, 2014
Today's weather     
Szczurek: Debt to be under 47% of GDP

10th February 2014
Bookmark and Share


Poland’s debt-to-GDP ratio will decline below 47 percent by the end of the current government’s term in 2015, Finance Minister Mateusz Szczurek told Dziennik Gazeta Prawna in an interview.

When calculated in accordance with EU methodology, the ratio will be around 50 percent, he said.

Szczurek stressed that Poland’s falling budget deficit will influence the figure, but the final result will also depend on nominal GDP growth. If the growth accelerates, public debt will decline, he said.

Poland A.M.


From Warsaw Business Journal


Advertisement
The business of politics
Poland’s PM owes Putin one
BY Remi Adekoya
A few months ago, Civic Platform (PO), Poland’s ruling party, looked sure to lose the upcoming European Parliamentary elections in May. Poll ... READ MORE
From the editor
A day full of possibilities
BY Andrew Kureth
My favorite cartoon ever drawn is the final strip of the iconic “Calvin and Hobbes” series, by fellow Kenyon College alumnus ... READ MORE
Our partners