This was that they could make strenuous efforts to qualify for the euro, slashing public spending and holding down wages and other costs, and then relax as soon as they got in.

ECONOMIST: The European Central Bank

As it is, many of them are slashing their polling budgets or shutting down in-house polling operations.

ECONOMIST: Political polls

Yes, it would mean higher tax rates, but it also would mean slashing government spending from 24 percent of GDP down to 18 percent of GDP.

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