Latest blog articles
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The European Union (EU) budget is about one percent of the Gross Domestic Product (GDP) of all Member States amounting to about €240 per annum, per citizen. The EU budget redistributes more than €150 billion annually. These funds are directed towards agriculture and regional policy, which operate to...
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Published on LBM. To an increasing extent many EU Member States are victim of a variety of natural disasters, including heavy rainfall, flooding, earthquakes, volcano eruptions and tsunamis. A major problem is that after every new natural disaster politicians often have the tendency to play Santa...
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After months of media bombardment about ostensibly lazy Greeks who are unwilling to pay their taxes or their debts to the fellow countries of the Eurozone, the latter of which generously helped Greece out of its self-inflicted dire financial straits, many in Europe have breathed a collective sigh of...