The Bruges Group spearheaded the intellectual battle to win a vote to leave the European Union and, above all, against the emergence of a centralised EU state.

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Spearheading the intellectual battle against the EU. And for new thinking in international affairs.
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UK debt and the sword of Damocles

European Union Taxation Comment and Analysis Euro and Economy Financial Services

The general public has little idea of how much debt hangs over our heads. Today, Laura Perrins warns us that government borrowing is now equivalent to 99.2% of GDP (i.e. a whole year's worth of national economic activity); but that is only the tip of the iceberg, because it is only looking at public sector borrowing. Unlike the UK, where valuable f...

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Burn The Euro Zone is a Threat to Financial Stability

EU and Eurozone are Massively Over-Indebted - but official figures obscure it

European Union Comment and Analysis Euro and Economy Financial Services EU financial risk and liabilities

 EU and Eurozone member states fail to fully report their financial liabilities. The key measure tracked by Eurostat - 'General government gross debt' – is circumvented to such an extent that, based on year-end 2021 figures, debts of around €6.4 trillion failed to be registered, and contingent liabilities of around €3.8 trillion. This discrepa...

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Gross Debt Liabilities Rules Eurostat Eurozone
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