The price of freedom? 0.065% of GDP. Poland gets along at a good price
The European Court of Justice has given its terrible sentence to Poland: as long as this does not yield to its will, renouncing to proclaim the superiority of its constitutional law and therefore canceling the reform of its CSM, contested by the court itself, Warsaw will have to pay one million euros a day !
This has been the headline of many newspapers, and it is also the price that Poland must pay for its freedom to govern itself according to its own legitimate and democratic legal principles.
A huge figure? Considering that the Polish GDP projected for 2021 is € 560 billion, according to the Commission , this is 0.065% of GDP. To make a comparison, it is as if, with a net income of 2000 euros, you were placed in the need to pay a fine of 1.3 euros. If we consider it instead in relation to the tax revenues of the state, just over 100 billion euros expected in 2021, this is the hefty figure of 0.36%. Still taking the same net income of 2000 euros, we are fined 7.2 euros.
I have the vague impression that the Polish Government will resist the pressure from the European Court of Justice quite well. Maybe it will have to make some drastic cuts in the consumption of paper napkins and toilet paper in public offices. All dramatic stuff, for a country that suffered first the Nazi invasion and then the Soviet yoke. In the end these sanctions risk being a propaganda tool for the Morawiecki government, which will be able to boast of resistance to a foreign power, which objectively is now the EU for Poland. The wisest people in Europe are pushing for an agreement that will ultimately result in a form of acknowledging the supremacy of national law.
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The article The price of freedom? 0.065% of GDP. Poland gets along at a good price comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/il-prezzo-della-liberta-lo-0065-del-pil-la-polonia-se-la-cava-a-buon-prezzo/ on Thu, 28 Oct 2021 08:00:59 +0000.