Prime Minister Michel Barnier pushed a budget bill through the lower house of Parliament without a vote. A no-confidence vote this week could topple him and his cabinet.
Tag: Budgets and Budgeting
France’s Government Under Prime Minister Michel Barnier Faces Week of Reckoning
The end of Michel Barnier’s government looks inevitable, even imminent, and would add to the country’s political malaise. The only question seems to be: How long can he last?
In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward
British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.
Russia to Boost Defense Budget as Ukraine War Drags On
The Kremlin plans a 25 percent increase to more than $145 billion in 2025, a year in which it had intended to cut military spending.
In Wake of Election Defeat, Germany’s Olaf Scholz Will Slog On
Chancellor Olaf Scholz and his governing coalition emerged battered from the vote for the European Parliament. But a snap election seems unlikely.
Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.
Britain Is Cutting Taxes Again. Why Now?
The government announced a budget as a national election looms. Here’s what you need to know.
France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
France Will Cut Spending as It Sees a Weaker Economy Ahead
War, high interest rates and slowdowns in major trade partners are trimming tax revenue and forcing the government in Paris to scale back.
The E.U.’s $54 Billion Deal to Fund Ukraine, Explained
European leaders authorized the long-term financing after Hungary’s prime minister, Viktor Orban, dropped his opposition.