Poland: Excessive Deficit Procedure for Two More Years

People ♦ Published: April 16, 2014; 16:52 ♦ (Vindobona)

The Polish government expects the EU Commission to cancel the Excessive Deficit Procedure in “less than two years” due to the measures applied so far the continuing of economic recovery.

Tusk expects economic growth to accelerate speed. / Picture: © Wikipedia / Gnesener1900

According to Prime Minister Donald Tusk, Poland will exit the Excessive Deficit Procedure in less than two years. "We are convinced that the changes we have implemented and the rather cautiously forecast economic growth in 2014 and 2015 - all that should suffice as material that will give the European Commission grounds to believe that we will obtain the required, low level of deficit,"…