S&P lowers rating outlook. Bad news for Poland

S&P has joined Fitch and Moody's in downgrading Poland's credit outlook due to high budget deficits and rising national debt. This negative outlook reflects concerns about the government's fiscal flexibility amid potential economic shocks. Economists had mixed expectations, with some believing the rating would remain unchanged due to positive economic data, while others warned that persistent deficits could lead to a downgrade. The situation raises concerns about investor sentiment and the need for fiscal adjustments that could hinder economic growth.