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Fiscal Council warns 2027 budget may exceed 55% debt-to-GDP threshold
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Fiscal Council warns 2027 budget may exceed 55% debt-to-GDP threshold

The Fiscal Council has issued a warning to the government over its 2027 budget draft, noting that the risk of exceeding the statutory public debt threshold of 55% of GDP is very high. According to the council, the government is not using favorable economic conditions to reduce the deficit. The problem concerns not only defense spending but fiscal policy as a whole.

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