Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
I don't see your last sentence as necessarily true. Sweden has been spending a lot more then taxes received since the start of the pandemic.

According to trading economics non-euro EU members Sweden and Denmark increased government debt in 2020 by 20-25% and eurozone by 11%. UK by around 15% and US by just above 25%.

So far it looks like the euro is still a constraining factor when it comes to using deficit spending to alleviate teh effects of the pandemic.

by fjallstrom on Thu May 6th, 2021 at 02:41:00 PM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Herd Immunity .. Filling the Gaps

by Oui - Jul 24
23 comments

LQD - Long Term Covid: The Brain

by ATinNM - Jul 13
29 comments

Say No to Racism

by Oui - Jul 12
26 comments

England surrenders to Covid

by IdiotSavant - Jul 9
27 comments

Occasional Series