Reports on taxes See all

Debt-to-GDP ratio for EU countries in 2020

New Opportunities 2021: Fiscal policy for the recovery

Governments have responded to the pandemic by implementing safety-net programs to support businesses and workers during lockdowns, leading to elevated deficits and rising debt levels. Many states will soon need to face the aftermath of these decisions, but not all fiscal responses are created equal. Countries that favor spending cuts over higher taxes can expect a more rapid and robust recovery.

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