Tag: welfare state

France Is Drifting Into a Greek-Style Crisis

Like a rudderless ship, France is sailing straight for the same cliffs that broke the Greek economy 15 years ago. Will President Macron meet his Waterloo in the hallowed hallways of the IMF?

Romania’s Economic Fork in the Road

Facing a major budget gap, Bucharest must choose: fix the deficit or launch a broader economic rescue. So far, Prime Minister Bolojan has shown little leadership to do either.

Slovakia Is Next on the Fiscal Cutting Board

Slovakia faces the same budget dilemma as Germany. Whether Prime Minister Fico will match Chancellor Merz’s bold move to announce an end to the welfare state remains to be seen.

Social Welfare in Europe: Stingy or Generous?

As some countries ramp up social benefits to strengthen emerging welfare states, others are scaling back in a bid to rein in systems that have grown beyond what their tax bases can sustain.

Uncle sam holding $100-bills in one hand and giving you one with the other

America the Generous

It may come as a surprise to many Europeans just how benevolent the American welfare state is. It may even surprise many Americans.