Re:The program to build NASA’s moon rocket could double in p...
by notfromhere on Thursday October 11, 2018 @04:54PM
(#18196954)
30 billion a year for an economy the size of the EU is a rounding error.
Re:The program to build NASA’s moon rocket could double in p...
by Someone on Saturday October 13, 2018 @01:35PM
(#18209049)
It isn’t for the EU. The EU budget for 2018 is €160 billion (https://www.consilium.europa.eu/en/policies/eu-annual-budget...)
For comparison, the USA has a federal budget of about $4 trillion.
The problem is that “the EU” doesn’t have an economy, and still is mostly built from individual economies.
https://en.wikipedia.org/wiki/European_Regional_Development_...:
”The European Regional Development Fund (ERDF) is a fund allocated by the European Union. Its purpose is to transfer money from richer regions (not countries), and invest it in the infrastructure and services of underdeveloped regions”
https://www.welcomeurope.com/european-funds/erdf-1-european-...:
”Global budget: 183,3 billion euro (2014-2020)”
That’s 30-ish billion euro a year.
Lack of EU-wide social security payments may be a problem, though.