Chart of the day: The state will also have to save significantly in the next election period

Denník N

Chart of the day: The state will also have to save significantly in the next election period

The government has promised the EU to cut the budget deficit in half by 2027. However, a major debt reduction will require similar savings in the next election period. Although the government promises significant austerity to the European Commission, indebtedness will continue to grow until the end of the election period. It will leave its successors public finances in a state that will require further substantial austerity measures. In the so-c…