ECONOMY - FINANCE - BUSINESS / (ae) economy

Public expenditure on social protection represented 20% of GDP in 2014

Brussels, 22/03/2016 (Agence Europe) - On Tuesday 22 March, the statistical office of the EU (Eurostat) published a detailed breakdown of the expenditure of the public administrations of the European Union by principal function for the year 2014.

The 'social protection' function was the largest by far (19.5% of GDP). It was followed by the following functions: - health (7.2%); - general services of the public administrations, such as foreign affairs and operations regarding public debt...