The Fiscal Council Is Sounding the Alarm. The Risk of Exceeding the Threshold Is Very High.

Zeit Online

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Here you can find information on the topic "Fiscal Policy". Read now "Piwarz warns: New debt must not become a permanent state".

sachsen-fernsehen.de

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Dresden - Saxony's finance minister Christian Piwarz (CDU) warns against making the new debt of the Free State a permanent state. In view of a structural deficit of 1.4 to 1.5 billion euros per year, he sees Saxony in a transitional phase. In the long term, however, this financing gap must be closed. For the current double budget, the CDU-SPD minority government relies on new loans. For the years 2027 and 2028, a total borrowing of just under 1.…

Bloomberg Linea

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The Autonomous Committee of the Fiscal Rule noted that the new draft General Budget of the Nation recognizes a fiscal imbalance greater than initially envisaged, with a primary deficit of 4.5% of GDP and a net debt of 67.3% of GDP by 2027.

money.pl

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The Ministry of Finance responds to the Fiscal Council's warnings regarding the 2027 budget. The ministry defends the project and argues that "the Council did not issue an opinion in accordance with the Fiscal Council Act."

Parkiet

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The risk of public debt exceeding 55% in 2027 is very high, the Fiscal Council assessed in its opinion on next year's budget. This threshold, the Council stated, "is exceeded in almost all risk scenarios analyzed."

rmf24.pl

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The Fiscal Council has issued a disturbing opinion on next year's state budget. "The risk of the public debt (PDP) to GDP ratio exceeding 55% in 2027 is very high," the council stated.