FastSaying
In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments.
Mario Draghi
Consolidation
Context
Current
European
Expenditure
Focused
Good
Government
High
Investments
Lower
Other
Rates
Tax
Tax Rates
Taxes
Where
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