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Ex-MPC member warns Poland's finances are entering a "snowball" spiral
📈 Business

Ex-MPC member warns Poland's finances are entering a "snowball" spiral

Bogusław Grabowski, a former member of Poland's Monetary Policy Council, warns that the country's public finances are entering a "snowball" phase of self-reinforcing debt growth. The Tusk government and Finance Minister Domański are patching up tax distortions left by the Polish Deal, but Grabowski says the fixes are merely a stopgap. He calls for bolder and faster fiscal reforms.

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