Slovak Finance Minister Warns Court: Balanced Budget Rule Could Trigger Recession
Published 1 d ago2 sourcesEvidence: Reported
Slovak data analyst Ivan Bošňák warns that by 2029 the state will spend €4 billion annually on debt interest, equivalent to the cost of 20 hospitals, signaling unsustainable fiscal policy under the current social spending. The claim highlights growing pressure on public finances, potentially leading to spending cuts or tax hikes, and raises concerns about sovereign creditworthiness.
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