Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Are those aggregate? Do they include social contributions?

Here's Eurostat: http://epp.eurostat.ec.europa.eu/portal/page/portal/government_finance_statistics/introduction

Click on the following:

  1. Database
  2. Annual Government Finance Statistics
  3. Government Revenue
  4. Under the INDIC scroll menu, click on Total Government Revenue

Something is wrong about that OECD grid because almost all of the European countries hover around 40-45%.

Greece was at 39.5% for 2010, and hovered around 40% for the last decade.

Are you seriously judging how people are handling their money during a total economic meltdown when capital has fled the country? Seriously? It's very hard to believe.

Greece right now has a primary surplus for the gov't budget. the interest on debt is well above 10% GDP. Are you saying that the Greeks should pay an amount well over and above that primary surplus in order to pay the bankers?

As I said, they collect enough in tax revenue now for gov't expenditures. They don't collect enough for debt--and they never will. It is impossible.

by Upstate NY on Sun Feb 12th, 2012 at 03:04:10 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series