SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (21449)1/13/2002 6:11:57 AM
From: KyrosL  Read Replies (1) of 99280
 
Zeev, like I said the budget is a bit above 1% of EU GNP. The structural funds portion of $40 billion may not sound much, but it is, given than the combined GNP of the three poorest countries (Ireland, Portugal, Greece), which get the largest portion of the funds, is only around $400 billion. These countries receive net EU aid of roughly 3% of their GNP. If we translate this in US terms, it would be as if somebody gave the US $300 billion annually -- equal to our defense budget.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News