French PM Lecornu is facing intense pressure to pass the contentious budget, with the looming threat of a no-confidence vote as opposition forces unite. This escalating political crisis reveals deep divisions within the government’s ranks
Browsing: fiscal policy
Russia is preparing to tap into its National Wealth Fund at a breakneck pace as oil and gas revenues plunge dramatically. This daring strategy aims to stabilize the economy amid falling energy prices and escalating sanctions, The Moscow Times reveals
India surged ahead with an impressive 7.4% GDP growth, yet tax revenues are lagging behind expectations. Experts warn that this shortfall could limit public spending and put fiscal stability at risk amid mounting economic pressures. Bloomberg.com reports
Russia is facing mounting financial strain as its foreign reserves dwindle and relentless sanctions squeeze its economy tighter, sparking a deepening liquidity crisis, reports the Financial Times
Russian President Vladimir Putin has called for increased taxes as the nation grapples with a steep economic slowdown, highlighting the growing challenges of sustaining the country’s wartime economy amid intense pressure
Argentina’s Congress has just approved the 2026 budget, ushering in an exciting new era as the very first under President Javier Milei’s leadership. This landmark decision paves the way for a bold transformation in fiscal policy, showcasing Milei’s unwavering commitment to confronting the nation’s economic challenges head-on
Japan’s government has approved a groundbreaking budget that dramatically boosts defense spending in response to escalating regional security threats. This historic package aims not only to strengthen military capabilities but also to drive economic recovery with renewed momentum
Brazil’s tax revenue for November skyrocketed 3.75% year-on-year, reaching an unprecedented all-time high fueled by strong economic momentum and improved tax collection efforts, according to TradingView data. This impressive surge points to a bright and promising fiscal future ahead
Germany is heading toward its largest budget deficit since reunification, the Bundesbank has warned. Skyrocketing energy costs and escalating economic challenges are driving this widening gap, sparking concerns over the nation’s fiscal health
France is barreling toward an unprecedented year-end without an approved budget, as lawmakers remain deadlocked and fail to reach a deal. This political stalemate raises urgent concerns about government spending and threatens the rollout of crucial policies in 2024
The OECD Economic Surveys: Spain 2025 puts a spotlight on Spain’s most urgent challenges and promising opportunities, highlighting digital innovation, the green transition, and crucial labor market reforms that can fuel stronger growth and boost economic resilience
The UK Budget 2025 reveals bold new tax measures aimed at sparking economic growth, with key updates to corporation tax, personal allowances, and digital services taxation-all thoughtfully designed to boost investment while ensuring fiscal responsibility
Argentina has just landed a crucial lifeline from the US amid ongoing economic turmoil, aiming to stabilize its currency and reignite investor confidence. This fresh wave of support underscores a growing global commitment to bolstering Latin America’s third-largest economy
German lawmakers have enthusiastically approved the 2026 federal budget, setting the stage for a powerful economic comeback and a major surge in defense funding. This bold strategy also champions cutting-edge green energy projects and fortifies social programs, tackling urgent global challenges with determination
France’s Budget Minister Olivier Lecornu confidently assures that the national budget remains robust and resilient, even as proposed tax reforms encounter obstacles. Amid political challenges, he emphasizes unwavering fiscal stability, Bloomberg reports
Spain’s budget deficit is set to fall below Germany’s for the first time in nearly 20 years, signaling a stunning shift in the Eurozone’s fiscal dynamics, reports the Financial Times
Japan’s government has given the green light to a massive 21 trillion yen economic stimulus package, spearheaded by fiscal dove Prime Minister Takaichi. This bold move aims to spark robust growth and confront global uncertainties head-on, Kyodo News reports
The U.S. bailout for Argentina, reported by WBUR, reveals a complex web of strategic motives that extend well beyond mere economic aid, highlighting a calculated effort to wield geopolitical influence and uphold regional stability amid rising global tensions
Japan’s finance minister has unveiled a bold stimulus package exceeding $110 billion, aimed at sparking a powerful economic recovery amid global uncertainties, Nikkei reports. This decisive move underscores Tokyo’s unwavering commitment to fueling sustained growth, Reuters adds
Italy, France, and Belgium are grappling with the highest debt levels in the EU, a new report from a leading bank reveals. This sharp rise in public debt across these countries raises urgent questions about their economic stability and the future security of their pension systems