Greece and Slovenia slashed public spending by over 10 percent in 2014, easily the largest falls across the EU, the bloc's statistical agency has revealed.
Government spending as a proportion of economic output fell to 48.1 percent in 2014, a 0.5 percent fall on the previous year, according to figures published on Tuesday (7 July) by Eurostat.
Between them the EU’s 28 governments spent €6.7 trillion in total in 2014. Over 40 percent of state spending is on social protection, cover...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.