Grzegorz W. Kołodko: Slippery Slope

The article discusses the decline of Poland's economic ratings due to poor government policies, despite a moderate GDP growth. It reflects on the historical context of Poland's financial reforms and the challenges faced in maintaining fiscal stability. The author highlights the increasing public debt and its implications for future generations, as well as the negative reactions from credit rating agencies. The piece emphasizes the need for effective governance to prevent further economic deterioration.