The costs of servicing public debt are consuming larger amounts in the USA. According to the latest report for June, the US budget had a deficit of $120.3 billion this month, while expenditures for debt servicing alone in this month amounted to $185.2 billion. (translated)
Kristalina Georgieva: without action, the public debt of EU countries will exceed 130% of GDP by 2040, and defense spending financed by deficits is a burden that many countries cannot afford. And she adds a condition under which military spending can actually build the economy: when it does not leak into imports and does not (translated)
"...gdy dług publiczny malał". I znów kłamstwo. Nie, dług publiczny nie malał. W liczbach bezwzględnych cały czas się powiększał. Zmieniała się jego relacja do PKB, co nie znaczy, że malał. #długpubliczny #PKB #finanse
Nearly 47 billion zł of new debt in one month! The debt of the State Treasury has reached around 2.136 trillion zł, and the costs of servicing it are among the highest in the EU. This is a bill that Poles will pay - in taxes, spending cuts, or more expensive credit. Those responsible for this policy are (translated)
In the ranking of public debt servicing costs, we are in the infamous second place in the EU: our cost of interest on public debt is 4.5% (only Romania has a higher rate at 5.2%). The state of the nation's finances is dire, which Donald Tusk and Andrzej Domański do not "boast" about. (translated)
Poland's public debt exceeded 60% of GDP at the end of the first quarter of this year and reached 61.6%. (translated)
The government of Donald Tusk is having fun while: 1. Public debt is rising 2. Hospitals are being closed 3. Women have nowhere to give birth 4. Nearly the highest energy prices in Europe 5. 364 thousand children below the extreme poverty threshold 6. 1 million unemployed in Poland (translated)
In Poland, about 26% of public debt is denominated in foreign currencies, which is among the highest shares in the European Union and may increase the sensitivity of public finances. A higher cost of debt was recorded only in Romania (5.2%). The Czech Republic recorded a level of 3.1%. (translated)
Paweł Wojciechowski w artykule podkreśla, że Polska boryka się nie tylko z rosnącym długiem publicznym, ale także z problemem zaufania społecznego, co utrudnia wdrażanie niezbędnych reform fiskalnych i może uniemożliwić trwałą konsolidację finansów publicznych. #długpubliczny #finansepubliczne #zaufanie
In just the first three months of this year, Tusk's government increased the national debt by almost 100 billion zlotys, and it now exceeds 2 trillion zlotys. This is unprecedented and shocking. (translated)
We have Eurostat data and we are on the podium again! Public debt servicing costs are so high that we rank 2nd in the European Union. Only Romania surpasses us. Well done Prime Minister @donaldtusk, well done Minister of Debt @Domanski_Andrz! (translated)
Mateusz Morawiecki o fatalnym stanie finansów publicznych za rządów Tuska: "Dług publiczny rośnie o MILIARD ZŁ DZIENNIE. Rano się obudziliście, wieczorem idziecie spać, następny MILIARD poszedł w powietrze. Takiego marnostrawstwa jakie teraz widzę, to ze swiecą szukać". https://t.co/LPvWirkQ7t #Finanse #Polska #DługPubliczny
Poland already has the second highest cost of servicing public debt in the entire EU. Only Romania surpasses us. Tusk's government is indebting future generations at an accelerated pace and on very unfavorable terms. (translated)
Iran wstrzymał negocjacje z USA w odpowiedzi na eskalację działań militarnych, co spowodowało znaczny wzrost cen ropy, podczas gdy Emmanuel Macron wprowadza rekordowe inwestycje zagraniczne we Francji o wartości ponad 90 miliardów euro. #Iran #roba #długpubliczny
W obliczu alarmującego raportu o rosnącym długu publicznym Polski, eksperci ostrzegają, że kraj może być zmuszony do bolesnych reform w nadchodzących latach, a obecny deficyt przekracza progi ostrożnościowe, co może negatywnie wpłynąć na stabilność gospodarczą oraz sektora bankowego. #długpubliczny #deficyt #Polska
During the rule of PiS for almost 8 years, an astronomical amount of approximately 280 billion PLN was transferred to families raising children, while at the same time, public debt in relation to GDP in 2023 was 2 percentage points lower than in 2015, when we took power from the Platform. (translated)
The growing deficit is not without its impact on the level of public debt. By the end of 2025, it will amount to nearly 60 percent of GDP. According to estimates by the Ministry of Finance, this year it will rise to 65.1 percent, which means we will exceed the so-called EU precautionary threshold (that is, 60 percent of debt in... (translated)
The costs of servicing public debt have already risen to 81.7 billion PLN. This means they have doubled over the last three years. (translated)
The profitability of five-year bonds reached 5.36 percent and ten-year bonds 5.85 percent. This situation also causes the costs of servicing public debt in Poland to systematically rise and are now around 2.5 percent of GDP. (translated)
