Poland aims to meet EU budget rules despite higher spending
Posted Mar 25, 2019 08:53:29 AM.
This article is more than 5 years old.
WARSAW, Poland — Poland’s finance minister says she is aiming to keep the country’s budget deficit within European Union rules even after a series of pre-election spending pledges to help families, young people and pensioners.
Teresa Czerwinska said Monday she is hopeful that Poland’s budget deficit will be below 3 per cent of the country’s annual GDP, as required by EU law. She rejected speculation that she tendered her resignation over the increased spending.
The leader of the right-wing ruling party, Jaroslaw Kaczynski, announced the bonuses last month in a campaign speech ahead of May elections to the European Parliament and a general election in the fall.
The cost of the bonuses is estimated at some 20 billion zlotys ($5.2 billion) this year.
The Associated Press
