Total debt Poland: 1.3 trio = 260k CHF
Public debt Poland: 1.2 trio https://perma.cc/R64J-AR8X
At the end of the first quarter of 2023 the consolidated public debt (according to the domestic definition) stood at PLN 1,209,798.0 million and compared with
with the end of 2022 it rose by PLN 192.7 million (+0.02%).
At the end of the first quarter of 2023 the general government debt (EDP debt, part of the government finance Maastricht criterion) was at PLN 1,531,780.5 million.
At the end of the first quarter of 2023, the general government debt to GDP ratio amounted to 48.1%, down by 1.0 percentage points compared with the end of 2022.
At the end of the second quarter of 2023 the consolidated public debt (according to domestic definition) stood at PLN 1,241.6 billion and compared with:
• the previous quarter it rose by 31.7 billion (+2.6%);
• the end of 2022 it rose by PLN 32.1 billion (+2.7%) https://perma.cc/4RBF-5MGC
The highest ratios of government debt to GDP at the end of the first quarter of 2023 were recorded in Greece (168.3%), Italy (143.5%), Portugal (113.8%), Spain (112.8%), France (112.4%) and Belgium (107.4%),
and the lowest in Estonia (17.2%), Bulgaria (22.5%), Luxembourg (28.0%) and Denmark (29.4%).
In 2014-2019, the public debt-to-GDP ratio decreased from over 48% to less than 44% in Poland https://perma.cc/6E9X-K43P
Poland sees general government debt rising to 58.7% of GDP by 2027 https://perma.cc/D3FZ-BJWM
Poland: National debt in relation to gross domestic product (GDP) from 2018 to 2028 https://perma.cc/WYG8-36QU
State aid: Commission approves €1 billion Polish scheme to support agricultural producers in the context of Russia's war against Ukraine https://perma.cc/7VMR-MHRX
Poland’s recovery and resilience plan https://perma.cc/3F8E-PURH
Poland: PLN 770 billion plus – Poland set to receive even more funds from the European Union https://perma.cc/6CKF-8BH9
More about Poland
https://t.me/FinanceFactsTelegram/523
https://t.me/EnergyFactsTelegram/528
https://t.me/PollutionFacts/937
Public debt Poland: 1.2 trio https://perma.cc/R64J-AR8X
At the end of the first quarter of 2023 the consolidated public debt (according to the domestic definition) stood at PLN 1,209,798.0 million and compared with
with the end of 2022 it rose by PLN 192.7 million (+0.02%).
At the end of the first quarter of 2023 the general government debt (EDP debt, part of the government finance Maastricht criterion) was at PLN 1,531,780.5 million.
At the end of the first quarter of 2023, the general government debt to GDP ratio amounted to 48.1%, down by 1.0 percentage points compared with the end of 2022.
At the end of the second quarter of 2023 the consolidated public debt (according to domestic definition) stood at PLN 1,241.6 billion and compared with:
• the previous quarter it rose by 31.7 billion (+2.6%);
• the end of 2022 it rose by PLN 32.1 billion (+2.7%) https://perma.cc/4RBF-5MGC
The highest ratios of government debt to GDP at the end of the first quarter of 2023 were recorded in Greece (168.3%), Italy (143.5%), Portugal (113.8%), Spain (112.8%), France (112.4%) and Belgium (107.4%),
and the lowest in Estonia (17.2%), Bulgaria (22.5%), Luxembourg (28.0%) and Denmark (29.4%).
In 2014-2019, the public debt-to-GDP ratio decreased from over 48% to less than 44% in Poland https://perma.cc/6E9X-K43P
Poland sees general government debt rising to 58.7% of GDP by 2027 https://perma.cc/D3FZ-BJWM
Poland: National debt in relation to gross domestic product (GDP) from 2018 to 2028 https://perma.cc/WYG8-36QU
State aid: Commission approves €1 billion Polish scheme to support agricultural producers in the context of Russia's war against Ukraine https://perma.cc/7VMR-MHRX
Poland’s recovery and resilience plan https://perma.cc/3F8E-PURH
Poland: PLN 770 billion plus – Poland set to receive even more funds from the European Union https://perma.cc/6CKF-8BH9
More about Poland
https://t.me/FinanceFactsTelegram/523
https://t.me/EnergyFactsTelegram/528
https://t.me/PollutionFacts/937
A 17.5 billion euro EU "just transition fund" is designed to support communities affected by the shift away from fossil fuels, notably with help for retraining workers. The biggest share of that fund is earmarked for Poland https://perma.cc/98PY-G4HY
Poland files lawsuit against key EU climate policies https://perma.cc/RM3T-MZ9N
But Warsaw is contesting those laws, now aiming to overthrow some of them in court – including the hard-won agreement on banning the sale of new combustion engine cars by 2035 ...
while Poland is one of the worst country about climate change
Poles are less concerned about climate change than their fellow Europeans https://perma.cc/4887-V9DJ
EU leaders have agreed on a more ambitious goal for cutting greenhouse gases - reducing them by 55% by 2030, rather than 40%.
Poland, heavily reliant on coal, won a pledge of EU funding to help it transition to clean energy https://perma.cc/VU6Z-EJ3W
From coal to consensus: Poland’s energy transition and its European future https://perma.cc/P95H-BTTT
‘Climate crisis fuelled by PGE’. Poland opens new coal power plant https://perma.cc/X623-N96J
Greenpeace Poland has sued the biggest CO2 emitter in the country, PGE GiEK, a company belonging to PGE group – an owner of i.a. coal power plants and coal mines in Bełchatów and Turów https://perma.cc/YS3Z-URZZ
Poland: CO2 Country Profile https://perma.cc/796P-D4DT
https://t.me/PollutionFacts/937
The country generates 10.5% of the EU's total greenhouse gas (GHG) emissions. Emissions were stable over the 2005-2019 period, with only small annual variations.
In 2019, Polish per capita emissions were at an average of 10.4 tonnes of carbon dioxide equivalent (CO2e), a figure that was above the EU average of 8.4 tonnes and the eighth highest.
US offers Poland rare loan of $2 billion to modernize its military https://perma.cc/ZTD4-2HXC
Poland estimates its aid for Ukraine at EUR 6.4 bln, in 2022 alone https://perma.cc/M5ZG-EMMZ
Previous post
https://t.me/DebtTelegram/307
https://t.me/DebtTelegram/297
Poland files lawsuit against key EU climate policies https://perma.cc/RM3T-MZ9N
But Warsaw is contesting those laws, now aiming to overthrow some of them in court – including the hard-won agreement on banning the sale of new combustion engine cars by 2035 ...
while Poland is one of the worst country about climate change
Poles are less concerned about climate change than their fellow Europeans https://perma.cc/4887-V9DJ
EU leaders have agreed on a more ambitious goal for cutting greenhouse gases - reducing them by 55% by 2030, rather than 40%.
Poland, heavily reliant on coal, won a pledge of EU funding to help it transition to clean energy https://perma.cc/VU6Z-EJ3W
From coal to consensus: Poland’s energy transition and its European future https://perma.cc/P95H-BTTT
‘Climate crisis fuelled by PGE’. Poland opens new coal power plant https://perma.cc/X623-N96J
Greenpeace Poland has sued the biggest CO2 emitter in the country, PGE GiEK, a company belonging to PGE group – an owner of i.a. coal power plants and coal mines in Bełchatów and Turów https://perma.cc/YS3Z-URZZ
Poland: CO2 Country Profile https://perma.cc/796P-D4DT
https://t.me/PollutionFacts/937
The country generates 10.5% of the EU's total greenhouse gas (GHG) emissions. Emissions were stable over the 2005-2019 period, with only small annual variations.
In 2019, Polish per capita emissions were at an average of 10.4 tonnes of carbon dioxide equivalent (CO2e), a figure that was above the EU average of 8.4 tonnes and the eighth highest.
US offers Poland rare loan of $2 billion to modernize its military https://perma.cc/ZTD4-2HXC
Poland estimates its aid for Ukraine at EUR 6.4 bln, in 2022 alone https://perma.cc/M5ZG-EMMZ
Previous post
https://t.me/DebtTelegram/307
https://t.me/DebtTelegram/297
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Statistics 4 beginners - What is included in GDP ?
Previously we wrote about USA population without elderly and youngs / students
https://t.me/FinanceFactsTelegram/334
260836730-57794852-31328131 = 172 mio
Previously we used the pro capita to calc the debs as % GDP
Obviously if we exclude such population the pro capita is different. Otherwise we would get a debt as % GDP of 160-244% (which obviously is wrong ...)
26834953000000/172000000 = 156k would be the GDP pro capita
(32000000000000 / (260836730-57794852-31328131)/156000)*100 and then we would get again the same 119 as debt as % GDP, but in such case the GDP / capita is 2x higher! while the wage of the population still remain 35k with a difference of 121k $! (and more for poor people).
https://t.me/FinanceFactsTelegram/335
Cardiologists: $421,330
Cashiers: $28,730
Just think about how cardiologists changes the values ... https://perma.cc/9JVL-DMKL
Even if we consider a wage of 64k https://perma.cc/9HRV-3U6K, there is still a difference of 92k
Let we consider now 203 mio the population without elderly.
We would get
(32000000000000 / (260836730-57794852)/64000)*100 = 246%
A debt % wage of 246% again, so pretty similar to what we got previously
Next post about GDP
https://t.me/DebtTelegram/328
Backup by @DebtTelegram
A @grttme project - Other backups: https://swiy.co/tgme
Previously we wrote about USA population without elderly and youngs / students
https://t.me/FinanceFactsTelegram/334
260836730-57794852-31328131 = 172 mio
Previously we used the pro capita to calc the debs as % GDP
Obviously if we exclude such population the pro capita is different. Otherwise we would get a debt as % GDP of 160-244% (which obviously is wrong ...)
26834953000000/172000000 = 156k would be the GDP pro capita
(32000000000000 / (260836730-57794852-31328131)/156000)*100 and then we would get again the same 119 as debt as % GDP, but in such case the GDP / capita is 2x higher! while the wage of the population still remain 35k with a difference of 121k $! (and more for poor people).
https://t.me/FinanceFactsTelegram/335
Cardiologists: $421,330
Cashiers: $28,730
Just think about how cardiologists changes the values ... https://perma.cc/9JVL-DMKL
Even if we consider a wage of 64k https://perma.cc/9HRV-3U6K, there is still a difference of 92k
Let we consider now 203 mio the population without elderly.
We would get
(32000000000000 / (260836730-57794852)/64000)*100 = 246%
A debt % wage of 246% again, so pretty similar to what we got previously
Next post about GDP
https://t.me/DebtTelegram/328
Backup by @DebtTelegram
A @grttme project - Other backups: https://swiy.co/tgme
2023, when people are still obsessed with this shitty useless GDP ...
The largest part of GDP is the value of all final goods and services which are produced to be sold (final means excluding intermediate consumption - see above) —> THIS DOESN'T DIRECTLY MEAN THAT IF YOU SELL MORE THINGS, YOU ARE MORE RICH! The best example are the bullshit ø related to wage ... where the wage of few people huge increase the ø wage of all people! Same happens with pollution and other things ...
https://t.me/FinanceFactsTelegram/332
https://t.me/PollutionFacts/518
Without considering that such money get not directly in the hand of the population! Yes, obviously more they sell, more money get the government. But last years show exactly that even if GDP increase, public debt got worse and worse! no matter if the % maybe got better ...
Even Poland with a low debt as % GDP increase their debts
https://t.me/DebtTelegram/307
With GDP no distinction is made whether the goods or services that are produced have a positive or negative impact from a social or environmental perspective. For example if there is an oil spill in the ocean, the transport of the oil as well as the cleaning work related to this is included in GDP.
There are a few types of work that are not included in GDP and they mainly concern some types of services, such as housework, everyday domestic services and personal care —> why we don't say all not declared work ... (Making these estimates for unreported transactions and illegal activities is not easy)
GDP growth does not necessarily go hand in hand with positive social or environmental development in an economy. This brings us to the next point … what GDP does not reflect.
It does not measure the social or environmental situation of an economy.
... to produce indicators with broader measures than GDP, that reflect other issues, including for example happiness or well-being https://perma.cc/CQ53-A4K6
Why are we so fixated on economic growth? https://perma.cc/X6BU-G2VK
https://t.me/DebtTelegram/327
The largest part of GDP is the value of all final goods and services which are produced to be sold (final means excluding intermediate consumption - see above) —> THIS DOESN'T DIRECTLY MEAN THAT IF YOU SELL MORE THINGS, YOU ARE MORE RICH! The best example are the bullshit ø related to wage ... where the wage of few people huge increase the ø wage of all people! Same happens with pollution and other things ...
https://t.me/FinanceFactsTelegram/332
https://t.me/PollutionFacts/518
Without considering that such money get not directly in the hand of the population! Yes, obviously more they sell, more money get the government. But last years show exactly that even if GDP increase, public debt got worse and worse! no matter if the % maybe got better ...
Even Poland with a low debt as % GDP increase their debts
https://t.me/DebtTelegram/307
With GDP no distinction is made whether the goods or services that are produced have a positive or negative impact from a social or environmental perspective. For example if there is an oil spill in the ocean, the transport of the oil as well as the cleaning work related to this is included in GDP.
There are a few types of work that are not included in GDP and they mainly concern some types of services, such as housework, everyday domestic services and personal care —> why we don't say all not declared work ... (Making these estimates for unreported transactions and illegal activities is not easy)
GDP growth does not necessarily go hand in hand with positive social or environmental development in an economy. This brings us to the next point … what GDP does not reflect.
It does not measure the social or environmental situation of an economy.
... to produce indicators with broader measures than GDP, that reflect other issues, including for example happiness or well-being https://perma.cc/CQ53-A4K6
Why are we so fixated on economic growth? https://perma.cc/X6BU-G2VK
https://t.me/DebtTelegram/327
Debt debt and again debt ... even in China
https://t.me/DebtTelegram/103
https://t.me/DebtTelegram/103
Or if you prefer about poverty ...
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Our last request
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If already in 2013 was already all red ... now 11 years later ...
Full debts
https://t.me/FinanceFactsTelegram/810
Full debts
https://t.me/FinanceFactsTelegram/810