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Originally Posted by Damien
There are far poorer countries in the EU than Scotland.
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But not with an 8% deficit(that includes oil revenues). It has to be below 3% before any process can start.
Guardian.
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The latest Government Expenditure and Revenue Scotland (Gers) data for Scotland shows that for 2017-18 overall state spending hit £73.4bn compared to tax income of just under £60bn, including oil revenues. That left a deficit for the year of £13.4bn, compared with £13.5bn the year before. Scotland’s deficit was equivalent to 7.9% of GDP, while for the UK as a whole it was 1.9%.
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