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The following timeline outlines the legal inception of the European Union (EU)—the principal framework for this unification. The EU inherited many of its present responsibilities from the European Communities (EC), which were founded in the 1950s in the spirit of the Schuman Declaration.
Poverty in France has fallen by 60% over thirty years. Although it affected 15% of the population in 1970, in 2001 only 6.1% (or 3.7 million people) were below the poverty line (which, according to INSEE 's criteria, is half of the median income ).
Poverty lines for other sets of countries have also been revised upwards. The poverty line for lower middle-income countries (LMICs) has moved to US$3.65 from US$3.20, while the poverty line for upper middle-income countries (UMICs) has moved to US$6.85 from US$5.50. [6]
The graph on the right shows the reduction in inequality (as measured by the Gini index) after taking account of taxes and transfers, that is, to which extent does each social model reduce poverty without taking into account the reduction in poverty provoked by taxes and transfers. The level of social expenditures is an indicator of the ...
Bulgaria has the smallest average wage and monthly minimum wage in the European Union. Estonia has the smallest public debt (as a percentage of GDP) of any state in Europe, as well as in the European Union and eurozone. France has the largest financial deficit of any state in the eurozone. Georgia has the lowest monthly minimum wage in Europe.
Change in per capita GDP of France, 1820–2018. Figures are inflation-adjusted to 2011 international dollars. The economic history of France involves major events and trends, including the elaboration and extension of the seigneurial economic system (including the enserfment of peasants) in the medieval Kingdom of France, the development of the French colonial empire in the early modern ...
The Wealth and Poverty of Nations: Why Some Are So Rich and Some So Poor (1998) Mathias, Peter, and M. M. Postan, eds. The Cambridge Economic History of Europe from the Decline of the Roman Empire, Vol. 7, Pt. 1: The Industrial Economies: Capital, Labour and Enterprise, Britain, France, Germany and Scandinavia, (1978) Milward, Alan S. and S. B ...
Many countries are expected to experience a decline in population over the coming decades, [2] though this could be offset with new countries planning to join the EU within the next 20 years. The most populous member state is Germany, with an estimated 80.4 million people. France and Ireland have the highest birth-rates. [3]