Press Release: Commission assesses Polish action to correct excessive deficit by 2007

Author (Corporate)
Series Title
Series Details IP/07/1724 (20.11.07)
Publication Date 20/11/2007
Content Type

Having assessed the budgetary developments in Poland since the adoption of a new Council recommendation, last February, the European Commission concludes that the deficit is likely to be below 3% this year. But, at the same time, it is expected to rebound above 3% in 2008, according to the Commission's autumn economic forecasts based, inter alia, on the draft budget adopted by the outgoing government. This calls for additional measures to put the Polish budget firmly on a sustainable path, especially in view of the positive economic outlook enjoyed by the country.

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