#fiscal policy
articles
S&P Global: Only Severe El Niño and Costly Policy Responses Would Threaten Sovereign Ratings
A senior S&P analyst says El Niño alone is unlikely to cause sovereign downgrades, but governments that impose broad pri...
German Public Debt Jumps to Record €2.66 Trillion as Defence Costs Bite
Germany's public debt hit an all-time high of €2.66 trillion at end-2025, pushing per-capita borrowing to nearly €32,000...
Spain Greenlights Final Recovery Plan Addendum to Unlock EU Funds and Trim Public Debt
Madrid approves revised milestones to secure the seventh and final NextGen payment of up to €24.4 billion, while also us...
Colombia’s Comptroller Launches Early Audit of Finance Ministry as Fiscal Alarm Bells Ring
Cash pressures, a record debt issuance, a controversial bond swap and a yawning gap between tax targets and actual colle...
Politburo Holds Off on Big Stimulus, Pivots to Urban Renewal as China’s GDP Hits 5.3%
China’s top leaders signal policy continuity for H2 2025, with no imminent rate cuts or property bailout. Beijing aims t...
Czech PM: 2027 Budget Deficit Will Be 'Significantly Below' CZK 400 Billion
Prime Minister Babiš commits to a 2027 deficit well under CZK 400 billion, with an EU structural target of 2.9% of GDP, ...
West Asia Conflict Could Double India’s Fertiliser Subsidy to Rs 3.42 Lakh Crore
Rising global energy costs from the West Asia conflict are pushing India’s fertiliser import bill sharply higher, potent...
Milei Ties Energy Boom to Farm Tax Cuts, Defends Fiscal Surplus at Rural Expo
President Javier Milei outlined a model where mining and energy revenue would fund the eventual elimination of grain exp...
China's Q2 Growth Drops to 4.3% as Consumer Engine Sputters
GDP growth slipped below the official target range for the first time in the post-pandemic era, with consumption nearly ...
Oil-Driven Tax Surge Narrows Brazil’s Primary Deficit but Fails to Convince Markets
Higher corporate tax receipts from oil gains linked to Middle East tension helped shrink the projected raw primary defic...
Daniel Garro on Argentina: ‘The Only Price Is the Free Market Price’
Economist and CEO Daniel Garro dissects Argentina’s uneven recovery, warning that provinces and Congress are blocking de...
Japan’s ‘Strong and Wealthy’ Strategy Could Amplify Yen Volatility
Japan’s pivot to investment-driven growth, under PM Takaichi’s ¥370 trillion ‘Strong and Wealthy’ plan, may destabilise ...
PM Takaichi Vows to End ‘Excessive Austerity’ with ¥370 Trillion Investment Push
Prime Minister Sanae Takaichi pledged to break with Japan’s long era of fiscal tightness, announcing a new dedicated bud...
France's Pension Burden Hits 14% of GDP as Deficit Path Points to Retiree Tax Reckoning
With retirement spending topping €422 billion and a deficit projected to hit 2.4% of GDP by 2070, an official report arg...
Brazil's Tariff Relief for Exporters Is Just a Start, Analysts Warn as Fiscal Risks Mount
Government credit lifeline for companies hit by US tariffs draws praise but faces warnings over public debt and lack of ...
French Vocational Training Delivers 4-Year Public ROI, But €1.9bn Cuts Threaten the Model
As the French government eyes €1.9bn in Labour Ministry savings by 2027, a Synofdes study shows each public euro spent o...
AI's Next Crisis: The Income Tax Collapse That Could Shake Governments
A Bloomberg analysis warns that automation of high-paying white-collar jobs by AI may hollow out income tax bases, forci...