Financial life and death
What do we owe to whom?
When evaluating the budget for 2025, the Fiscal Council warned that the item with the greatest growth in the proposed budget is precisely the one that should pay interest on the public debt. According to the budget for 2025, interest expenses have increased by as much as 19 percent, i.e. to 1,9 billion euros in absolute terms. What does that mean? This 2,1 percent of GDP that goes to interest is quite higher than the average of the countries of Central and Eastern Europe, where they allocate around 1,4-1,6 percent of GDP for this purpose.
