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EU government spending nears 50% of GDP — analysts pinpoint Europe's economic disease
📈 Business

EU government spending nears 50% of GDP — analysts pinpoint Europe's economic disease

Average government spending in EU countries approaches 50% of GDP, which analysts identify as a key symptom of Europe's economic weakness. Prosperity requires productivity growth rather than increased public expenditure, experts argue. Structural reforms are needed, but their political cost is steep.

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