What Austerity? Europe Still Spending

What Austerity? Europe Still Spending

In these two years, Euro27 countries increased spending on public order from 1.8 per cent of GDP to 1.9 per cent. On economic affairs (translation: corporate subsidies) from 3.9 per cent to 4.4 per cent. On education from 5.2 per cent to 5.6 per cent. On health care from 6.7 per cent to 7.4 per cent. On social transfers (pensions, unemployment benefits) from 18.1 per cent to 20.1 per cent. And so on.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles