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People sometimes call EU the sleeping giant. Big potential compared to the actual results. I'm more aware of what Canadian government does with its tax dollars
by hermitShell 17d ago
People sometimes call EU the sleeping giant.
Big potential compared to the actual results.
I'm more aware of what Canadian government does with its tax dollars.
And I'm just assuming that the EU is similarly quite expensive for what it achieves, and the budgets only change in one direction.
- rich_sasha 17d agoEU budget is actually quite small - about 1% of GDP. That’s very small compared to EU members states national budgets, which sit at around 35% of GDP, apparently. Canadian federal government apparently spends 18-20% of Canadas GDP, topped up by local governments. This is all very apples-to-oranges but doesn’t support the thesis that EU budget is particularly bloated.