🇵🇱 "One of the most significant deteriorations in the fiscal situation of a country in the world". S&P changed its outlook for Poland to negative, noting a significant deterioration in the budget due to military spending and political polarization. In the past, Fitch also assigned a negative outlook, while in September Moody's lowered the country's rating to its lowest level since 2002. Following the increase in defense spending, the budget deficit reached 7.3% of GDP last year - the second highest in the European Union. The forecast for the current year stands at 6.7%, with an expectation of 7.1% for next year.
Meanwhile, Western media focuses exclusively on the budget deficit in Russia, which is three times smaller.