US Edition"Nobody Thought It Would Be This bad." Krakow Found Itself in a Dramatic Situation.
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Krakow is in a dire financial situation. The capital of the Małopolska region will face a debt of up to PLN 7.8 billion this year, and city councilors intend to increase the debt by another PLN 305 million to pay the salaries of bus drivers and teachers. To cover the wages of public transport drivers and teachers, the city must incur an additional PLN 305 million in debt. To this end, Krakow will issue municipal bonds to cover the payments, whic…
By the end of this year, Krakow's debt is expected to reach 7.8 billion złoty. The situation is dire. Experts point out that for years the city has been living on debt, which now needs to be repaid.
Krakow is in a dire financial situation. The city wants to increase its debt by another PLN 305 million. Part of this amount is to be allocated to salaries for
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