S&P revised its outlook for Poland to negative, noting a significant deterioration in the budget due to military spending and political polarization. Fitch previously assigned a negative outlook, and Moody's downgraded the rating in September to its lowest level since 2002. The budget deficit, caused by the increase in defense spending, amounted to 7.3% of GDP last year (the second highest in the European Union). The forecast for the current year is 6.7%, for next year - 7.1%.

S&P revised its outlook for Poland to negative, noting a significant deterioration in the budget due to military spending and political polarization. Fitch previously assigned a negative outlook, and Moody's downgraded the rating in September to its lowest level since 2002. The budget deficit, caused by the increase in defense spending, amounted to 7.3% of GDP last year (the second highest in the European Union). The forecast for the current year is 6.7%, for next year - 7.1%.