Where Europe Spends Its Money: A Guide to Public Spending
Social protection accounts for 40% of total government spending across European nations, serving as the primary budget item in every country. According to Eurostat data for 2024, tax revenues accounted for 40.3% of gross domestic product (GDP) in the European Union, while general government total expenditure reached 49.6% of GDP. Social Protection Dominates European Budgets … Read more