Budgets are close to balance, with less public expenditure and lower tax rates, while economic growth has recovered. The transformation of the old European welfare state started in northern Europe, and it is proceeding to most of the rest of the continent.
然而，如今贬值在北欧国家已经难觅踪迹。预算近乎平衡，公共开支减少，税率下降，而经济增长则复苏。昔日欧洲福利国家的转型从北欧开始，目前正在普及欧洲大陆的其余部分。