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Keywords: Budget
France’s National Assembly overwhelmingly rejected the revenue portion of the 2026 budget on Saturday, deepening uncertainty over whether a politically fractured parliament can agree on deficit-cutting measures before the year’s end. The rejected section, focused primarily on taxation, now......
The Spanish government will raise its economic growth forecast for 2025 by two-tenths of a percentage point, bringing the projected GDP growth to 2.9%, sources from the Ministry of Economy confirmed to EFE on Monday. Minister of Economy, Carlos Cuerpo, will present the updated macroeconomic......
French Overseas Minister Naïma Moutchou has postponed her planned visit to New Caledonia due to urgent budgetary deadlines in Paris, the ministry announced Saturday. The trip, initially scheduled for early next week, was meant to address the ongoing institutional and political challenges on the......
The United States is facing a potential economic reckoning as its national debt surpasses an unprecedented $38 trillion, according to warnings from David Solomon, CEO of Goldman Sachs. Speaking at the Economic Club of Washington, Solomon emphasized the critical need for sustained economic growth to address......
The United States government remains at a standstill as a budget impasse in Congress has kept it partially shut down since October 1, 2025. Former President Donald Trump has called for abolishing the Senate rule requiring a 60-vote supermajority to pass legislation, commonly known as the filibuster.......
A €2 billion setback for the French government. Lawmakers in the National Assembly overwhelmingly rejected the planned freeze of the income tax brackets proposed by the executive during Saturday’s budget debates. The measure, intended to generate €2 billion in additional revenue, would......
Morocco has once again raised its defense spending, allocating MAD 157.171 billion ($15.7 billion) for 2026, according to the draft finance law submitted to parliament. The funds are earmarked for the acquisition and maintenance of equipment for the Royal Armed Forces (FAR) and to support the growth......
Morocco’s government will revise its upcoming national budget to prioritize spending on health and education, aiming to address deep-rooted social disparities and respond to growing public discontent. The announcement comes after weeks of nationwide protests led by young Moroccans demanding better......
Brussels — Tens of thousands of demonstrators took to the streets of Brussels on Tuesday to protest what unions have called the Belgian government’s “brutal budget cuts” targeting social protection and public services. The protest comes amid ongoing budget......
