Poland faces potential credit rating downgrade as Fitch warns of unstable debt levels

Fitch warns Poland faces a credit downgrade if debt does not stabilize. High deficits and defense spending are putting pressure on the nation's finances.

Fitch Ratings issued a warning on February 10, 2026, stating that Poland PLPL faces the risk of a sovereign credit rating downgrade if its general government debt is not stabilised. The agency noted that a downgrade would follow if its rating committee concludes that debt has failed to reach a stable level, a warning that comes as the nation faces scrutiny ahead of an upcoming Fitch Ratings decision scheduled for February 27.
A general view of Warsaw city is seen from the Palace of Culture and Science in Warsaw, Poland on January 8, 2018. REUTERS/Kacper Pempel
A general view of Warsaw city is seen from the Palace of Culture and Science in Warsaw, Poland on January 8, 2018. REUTERS/Kacper Pempel
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