Keywords: Public finances
Bulgaria's parliament has approved the country's long-awaited 2026 budget, setting out plans for a larger fiscal deficit as the government seeks to support economic growth following months of political uncertainty. The budget projects the deficit to reach 5.7% of gross domestic product (GDP)......
French budget rapporteur Philippe Juvin has warned that France's public deficit could climb to 7% of gross domestic product by 2030 unless the government adopts deeper spending reforms, arguing that fiscal consolidation should rely on expenditure cuts rather than higher taxes. His comments come......
Moody’s has warned that Europe’s growing responsibility for its own security could place additional pressure on the sovereign credit ratings of several European countries as governments increase defense spending in the coming years. The credit rating agency said the evolving security landscape......
Brazil’s economy is expected to continue expanding at a moderate pace after the country’s October presidential election, although analysts warn that weaker agricultural production and persistent fiscal pressures could limit stronger growth in the years ahead. A Reuters survey of economists......
Britain's incoming government could face an immediate fiscal challenge after newly released budget documents revealed a £4.7 billion ($6.2 billion) shortfall in the country's defence spending plans, raising questions about how future commitments will be financed. The funding gap is expected......
Italy has warned that it could withdraw from the European Union’s SAFE unless Brussels grants greater flexibility on budget rules related to energy spending, according to a letter from Prime Minister Giorgia Meloni to European Commission President Ursula von der Leyen. The SAFE instrument is an......
Fouzi Lekjaa said Morocco’s economy continues to demonstrate resilience despite mounting international instability and rising energy prices, as the government projects economic growth above 5.3% in 2026. Speaking before the House of Councillors in Casablanca, the minister said the first four months......
The French government has asked the Inspection Générale des Finances to evaluate the economic consequences of extending the current national budget into 2027 if Parliament fails to approve a new finance law on time. According to officials from French Ministry of Economy and Finance, the......
The French government has pledged continued support for workers and businesses affected by the sharp rise in fuel prices, as concerns grow over the broader economic impact of the energy crisis. Prime Minister Sébastien Lecornu stated that authorities would not “abandon anyone” facing......
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