Brussels, 12/12/2013 (Agence Europe) - On Tuesday 10 December, EU finance ministers endorsed a European Commission recommendation to postpone until 2015 (instead of 2014) the deadline for Poland to reduce its deficit to below 3% of GDP.
Poland's structural effort for 2013 is 0.3% of GDP, well below the amount recommended by the Council in the summer (0.8%). Likewise for the overall budget adjustment which is 0.2% rather than the recommended 0.4%. The finance ministers say that Poland did...