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Government spending in European countriesUK welfare stateHealth care system in IrelandEducation in EuropeEurope Economic Outlook 2025 Hitting fiscal targets, such as reducing the national debt, will require a careful balancing of the books from the current government, and the possibility for either spending cuts or tax rises. Although the UK government can continue to borrow money to finance its spending, the amount spent on debt interest has increased significantly in recent years.

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