
Economic and Budgetary Outlook for the European Union 2021

Growth in gross domestic product (GDP) in Europe collapsed in 2020 as a result of the economic crisis caused by the coronavirus pandemic.
Economic and Budgetary Outlook for the European Union 2021
Infortunately these are the consequences of closing institutions and workplaces. GDP also fell in Poland. In Expenditure approche we observed spending increased excessively. The investment rate also declined. Now it will be difficult to get out of this situation. I hope the EU will launch a joint project of economic and social solidarity.