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to remove vape products from online stores 15:15 UK police open murder investigation into death of former minister Ann Widdecombe 15:13 111SKIN launches at Mazagan Beach & Golf Resort, marking its first Hotel Collaboration in Morocco 15:00 Baker Hughes secures conditional EU approval for $13.6 billion Chart Industries acquisition 14:45 Bank of Canada expected to keep interest rates unchanged as inflation pressures ease 14:30 Trump rejects bipartisan housing affordability bill, protests Senate inaction 14:30 Bad Bunny's Super Bowl LX show sets historic record at the Emmy Awards 14:15 EU set to launch in-depth antitrust review of Saipem-Subsea 7 merger 14:00 Mali says around 100 militants killed during military operations in the country's north 13:45 Brussels hosts international donor conference to strengthen financial support for the Palestinian Authority 13:30 Falcon advances Morocco battery ambitions with new pilot facility 12:45 Spain forest fire in Almería leaves 11 dead and 19 people missing 12:30 SoftBank and PayPay explore investment in seven & i holdings 12:15 Greece announces summer fuel price cuts after government deal with refineries 12:01 Meta faces EU pressure to redesign addictive Instagram and Facebook features 12:00 Ebola outbreak in DR Congo remains highly active as death toll reaches 625 12:00 Casablanca receives 31 new security vehicles as DGSN modernizes emergency police fleet 11:45 Portugal moves to liberalise rental market with faster evictions and end of rent controls 11:34 Shein receives China approval for Hong Kong IPO after failed New York and London plans 11:32 TV Ratings: The France-Morocco quarterfinal sets a record for M6 11:30 Olivier Faure voices disappointment after French socialists reject open primary for 2027 election 11:17 Former French secretary of state Yves Jégo charged over suspected influence peddling case 11:15 Xavier Niel to become Vodafone’s largest shareholder in €5.1 billion investment 11:00 Greece arrests three suspects over deadly firebomb attacks linked to ruling party figures 10:56 France teenager dies during World Cup celebrations after Bleus Victory over Morocco 10:45 France Inter, RTL and France Info lose listeners as music radio gains momentum 10:44 World Cup 2026: Spain and Belgium compete for a semi-final spot against France 10:44 Vienna raises tourist tax to support premium travel experience amid record visitor numbers 10:33 Poland generates first power from Baltic Power, its first offshore wind farm 10:30 Carrefour expands Crypto access in France with Bitcoin, Ethereum and Solana gift cards 10:28 Morocco’s tax authority releases 2026 incentive guide for transport sector 10:21 Bentley Torcal opens a new era for ultra-luxury grand touring 10:15 Bad Bunny and Taylor Swift lead music categories at 2026 Emmy Awards 10:00 Bangladesh’s Sheikh Hasina plans December return despite death sentence 09:45 SK Hynix raises $26.5 billion ahead of landmark Wall Street listing fueled by AI chip demand 09:30 Francofolies 2026 open in extreme heat with Aya Nakamura, Julien Clerc and 150,000 Festivalgoers expected 09:15 ECB faces renewed inflation challenge as US-Iran conflict pushes energy prices higher 09:00 Florida’s Palm Beach International Airport renamed after President Donald Trump 08:45 French Centrists Unite to back a single candidate for the 2027 presidential election 08:30 Peru’s President-elect Keiko Fujimori seeks to restore diplomatic relations with Mexico 08:15 Australia detects H5 Avian Influenza in native seabird for the first time 08:00 North Korea announces expansion of nuclear capabilities and military intelligence 07:45 TikTok tightens crackdown on AI-generated spam accounts to protect users and creators 07:30 Volkswagen rescue plan faces uncertainty after stakeholder talks end without concrete measures 07:15 UNESCO calls for wider debt-for-education swaps to address global school funding crisis 07:00 Bayer secures €3 billion from Apollo in contraceptives business investment deal

Keywords: Budget deficit


Germany faces budget pressure after tax revenue forecast cut

Germany is facing increasing financial pressure after the country’s council of tax experts lowered its forecast for tax revenues between 2026 and 2030. The revised estimates are expected to place additional strain on the federal budget at a time when the government is already dealing with slower......

Italy calls for EU budget flexibility on energy spending

Italy has urged the European Commission to allow greater flexibility in budget rules so that energy-related spending can be treated similarly to defence expenditures. The proposal reflects mounting pressure on European governments to address rising energy costs affecting households and businesses. Italian......

Middle East War: “we have no more fiscal room for maneuver,” warns Pierre Moscovici

Former head of France’s Court of Auditors and current member of the European Court of Auditors, Pierre Moscovici, has warned that France has exhausted its fiscal flexibility amid rising energy prices linked to the ongoing Middle East conflict. In an interview, Moscovici stressed that the country......

Putin delays VAT payments as Russia’s economy weakens

Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......

Canada’s budget deficit reaches C$31.21 billion in first ten months of 2025/26

Canada recorded a budget deficit of C$31.21 billion ($22.53 billion) over the first ten months of the 2025/26 fiscal year, as government spending grew faster than revenue, the finance ministry reported on Friday. This compares to a deficit of C$26.85 billion during the same period last year. Program......

Russia gold reserves fall to four year low amid budget strain

Russia’s central bank has reduced its gold holdings to the lowest level in four years after selling roughly 500,000 troy ounces in early 2026, as mounting fiscal pressure and declining energy revenues weigh on the country’s finances. Data released by the Bank of Russia shows reserves fell......

Türkiye posts $4.9 billion budget deficit in January

Türkiye recorded a central government budget deficit of 214.5 billion Turkish liras ($4.9 billion) in January, according to official data released by the Treasury and Finance Ministry. The ministry reported total budget revenues of 1.42 trillion liras ($32.38 billion) for the month, while expenditures......

Russia oil revenues hit lowest level since pandemic

Russia’s oil and gas tax revenues fell in January to their lowest monthly level since the COVID-19 pandemic, highlighting the mounting strain Western sanctions are placing on the Kremlin’s ability to finance its war effort. State income from the energy sector dropped to 393 billion rubles,......

In Morocco, the budget deficit falls to 3.5% of GDP in 2025

Morocco managed to reduce its budget deficit to 3.5 percent of gross domestic product (GDP) in 2025, in line with the targets set by the Finance Law. The deficit reached approximately 60.5 billion dirhams, reflecting an improvement compared with the previous year. This performance was achieved thanks......

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