This is the estimation of lost output for every dollar of government spending that made the University of Chicago’s professor Harald Uhlig in a paper published by the American Economic…
Key Figures
This is the payroll tax paid on wages in Greece. 28% of it is born by employers and 16% by employees. It is not surprising that the unemployment rate in…
69% is the annual growth estimated by Standard and Poor’s, one of the leading agencies for ratings. This is the sharpest rise of S&P 500 index (which is estimating the…
Wanna know how much is the US Government spending right now? Or how fast US debt growths? You should add US.Debt.Clock.org on your favourite websites.
Without any preliminary consultation with the Parliament, the French President Sarkozy announced a subsidy of 1.65 € billions for the agricultural sector. It is hard to imagine where Sarkozy will find this money, given the current economic context and the quasi bankruptcy of the French government. But it is more interesting to question the utility of this subsidy, which amounts for some 2 750 € per farmer.* It is a considerable amount for the state budget, but a highly insufficient one when it comes to the investment that each farmer can realize with it.
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