Slovak Fiscal Watchdog Says Government Failed to Prove Budget-Balance Exception
Economy

Slovak Fiscal Watchdog Says Government Failed to Prove Budget-Balance Exception

The Council for Budget Responsibility warns the cabinet's plan for a non-balanced budget lacks legal support and risks a...

Niamh O'Sullivan 👁 28 💬 0
France’s Strong First-Half Tax Take Gives Government a Fiscal Breather
Economy

France’s Strong First-Half Tax Take Gives Government a Fiscal Breather

Bercy collected €275bn in H1 2026 tax revenue, up 3.7% from a year earlier and well above 1.9% nominal GDP growth. The s...

Niamh O'Sullivan 👁 31 💬 0
France's 2027 Budget Reopens the Pension Indexation Fight
Economy

France's 2027 Budget Reopens the Pension Indexation Fight

Bercy is again weighing a freeze or partial de-indexation of pensions, while one public-sector consultant says a multi-y...

Niamh O'Sullivan 👁 99 💬 0
France Weighs Fresh €4B Raid on Jobless Fund as 2027 Budget Pressures Mount
Politics

France Weighs Fresh €4B Raid on Jobless Fund as 2027 Budget Pressures Mount

The finance ministry has pencilled a €4 billion withdrawal from the Unédic regime, alarming unions and employers who say...

Sinead Brennan 👁 43 💬 0
Brazil’s Government Deficit Jumps to R$48.2bn in June, First-Half Losses Surge 717%
Economy

Brazil’s Government Deficit Jumps to R$48.2bn in June, First-Half Losses Surge 717%

A R$92.2bn primary deficit for H1 2026 reflects soaring spending after early precatório payments, casting a shadow over ...

Niamh O'Sullivan 👁 55 💬 0
France Overtakes Finland as EU's Top Spender, Public Debt Hits 117.6% of GDP
Economy

France Overtakes Finland as EU's Top Spender, Public Debt Hits 117.6% of GDP

France's public spending ratio rose to 57.3% of GDP in the first quarter of 2026, regaining the top spot in the European...

Niamh O'Sullivan 👁 84 💬 0
France's Pension Burden Hits 14% of GDP as Deficit Path Points to Retiree Tax Reckoning
Economy

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...

Niamh O'Sullivan 👁 89 💬 0
French Vocational Training Delivers 4-Year Public ROI, But €1.9bn Cuts Threaten the Model
Education

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...

Rivka Stern 👁 52 💬 0