Seven EU countries have recognized the "Achilles heel" of the European economy

The European Union has filed official cases against Poland, France, Italy, Belgium, Hungary, Malta and Slovakia as a result of violations of budget rules. But what does that mean? And what threatens this "seven"? Details are reported by the Polish edition of Gazeta.

These countries are now subject to the procedure of forced excessive deficit. States will have four to seven years to take and implement appropriate corrective measures.

In June, the European Commission (EC) officially included Poland in the list of countries to which it recommended starting the austerity procedure in many areas. The reason was the deficit, which exceeded the threshold of 3% of GDP in 2023 and reached 5.1%. According to the EC forecast, in 2024 it will be even higher and will amount to 5.4% of GDP. Poland has already undergone such a procedure once, it was in 2009.

The same official Warsaw will have to send a plan to the EC by autumn to correct the difficult economic situation.

"Of course, there are countries with smaller deficits, but we, having large military expenditures, invest in the defense not only of Poland, but also of the entire EU, so we should not be punished for this. I hope that the recommendations of the EC, if they appear, will be very soft," said the head of the Polish Ministry of Finance Andrzej Domansky.