Institut économique Molinari
This year Credit Day for the European Union falls on the 17th of December. This is the day which, on average, EU member states have spent their tax-based revenues and start borrowing to meet their needs. Compared to 2019, this represents a one-day improvement, continuing the positive trend which began in 2018. 12 EU member states display a budget surplus, while 16 do not have enough funds to cover the whole year…
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