Keywords: Budget
With just over a year until the next legislative elections, the Greek government aims to convert improvements in public finances into tangible benefits for households. Kyriakos Mitsotakis announced on Saturday a wide range of tax and salary measures designed to increase the incomes of workers, retirees,......
Russian President Vladimir Putin has defended the country’s fiscal position, saying Russia continues to have one of the lowest public debt levels globally despite the presence of a budget deficit. Speaking during the plenary session of the Eastern Economic Forum in Vladivostok, Putin acknowledged......
The European Commission is reportedly examining a major restructuring of the European Union's diplomatic apparatus, including plans to redistribute some responsibilities currently handled by the European External Action Service (EEAS) to departments within the Commission. According to reports cited......
The Ukrainian Parliament failed on Tuesday, September 1, to adopt a tax reform intended to facilitate the unlocking of international funding, once again placing Kyiv in a delicate balancing act between budgetary constraints and the demands of its partners. The proposed legislation includes the introduction......
South Korea aims to leverage the power of its budget policy to prepare for the next decade. On Tuesday, the government presented a financial bill of 821 trillion won, approximately $595 billion, for 2027. This unprecedented amount is intended to accompany the country’s technological transformation......
Ukraine’s public debt reached an estimated 105.7% of the country’s gross domestic product by the end of July, highlighting the growing financial pressure facing Kyiv as it continues to rely heavily on external financing. According to figures cited from Ukraine’s State Statistics Service,......
Canadian public finances show significant improvement at the start of the 2026-2027 fiscal year. The deficit recorded between April and June stood at 370 million Canadian dollars, down from 6.28 billion a year earlier, driven by a strong increase in tax revenues. A deficit nearly seventeen times smaller The......
Morocco occupies a unique position in the latest analysis by the International Monetary Fund regarding structural reforms that could support the growth of major African economies. Among the eight countries of the African Union examined, the Kingdom is the only one whose budgetary policy reforms are not......
The battle over the next long-term budget of the European Union is intensifying. Germany, Denmark, the Netherlands, Austria, Finland, and Sweden called on Thursday for a reduction of "several hundred billion euros" from the EU's multiannual financial framework for the period 2028-2034. Meeting in Berlin......
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