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Poland’s public debt is rising at one of the fastest rates in the European Union, but is the situation actually dangerous?

In this episode of The Warsaw Wire, Alicja Ptak speaks with Aleksander Kieroński, an economic analyst at Polityka Insight, to break down what’s really happening with Poland’s finances, what’s behind the rapid increase in debt, and whether the country is heading toward a fiscal cliff.

We discuss:

- Why Poland’s debt is among fastest-growing in Europe?
- Why the cost of debt - not just the level - is becoming the real threat?
- How much defence spending and war-related pressures matter?
- Whether political conflict between the government and President Karol Nawrocki is creating a fiscal deadlock?- Is "growing out of debt" possible?
- Why unpopular reforms (tax changes, adjusting social benefits) remain politically off-limits?

🎧 Watch or listen to the full conversation on YouTube and main podcast plaforms.