Latvia’s Saeima to begin reviewing next year’s budget with 18 billion euros in spending and a sizable deficit
Members of Parliament today referred next year’s state budget bill and its accompanying package of draft laws to…
Despite DOGE cuts, federal spending rose by $300 billion last fiscal year
President Donald Trump returned to the White House with a promise to slash spending by trillions of dollars…
Austria’s Budget Deficit One Billion Higher Than Expected – Vindobona.org
The Ministry of Finance informed the public and the EU about the revised budget forecast for 2025. The…
Italy says deficit to respect EU’s 3% ceiling this year despite weak growth
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy will cut its budget deficit to 3% of national…
Italy’s budget deficit could fall below 3% of GDP this year, Finance Minister says
ROME (Reuters) -Italy’s budget deficit could fall below the European Union’s ceiling of 3% of gross domestic product…
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch…
France’s Debt Woes Mount as Fitch Downgrades Credit Rating
Fitch Ratings downgraded France, indicating the upheaval of repeated government collapse has locked the country into an enduring…
Romania’s Coalition Government Endures No Confidence Votes Amid Fiscal Reforms
Romania’s coalition government has successfully navigated a series of no confidence votes, maintaining its ability to implement…
France may need IMF bailout, warns finance minister
Eric Lombard, the finance minister, said an intervention from the IMF was “a risk that is in front…
Turkey Upgraded by Moody’s to Ba3 on Improved Policymaking
Turkey got a credit-rating upgrade from Moody’s in a boost to policymakers. The nation’s rating was raised Friday…
EU mega budget hits immediate German opposition – Economy
he European Union executive on Wednesday proposed a two-trillion-euro long-term budget focused on tackling overseas competition and Russian…
EU Commission Recommends Deficit Procedure Against Austria – Vindobona.org
Austria recorded a budget deficit of 4.7 percent of gross domestic product (GDP) last year and is planning…