The government announced a budget as a national election looms. Here’s what you need to know.
Tag: Budgets and Budgeting
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.
Spending More Money on Police Shows No Clear Link to Lower Crime Levels
A study led by researchers in Toronto found that crime had risen in several cities along with increases in spending.
Proposal to Reduce Royal Mail Deliveries in U.K. Draws Ire
Letter volumes have halved since 2011. Without significant changes, the beleaguered Royal Mail services will become “out of date,” according to a report.
Germany Reaches a Budget With Promises on Ukraine
The government avoided extra borrowing for 2024, but must make cuts in programs to address climate change.
Germany to Override Debt Limit to Resolve Budget Crisis
Chancellor Olaf Scholz pledged financial support for economic modernization and Ukraine, but will need backing for new borrowing to fill a spending gap.
Germany Announces Special Budget to Avert Crisis
Germany could be forced to suspend a constitutional law that limits borrowing for a fourth consecutive year, after court ruling upended Chancellor Olaf Scholz’s spending plans and threw his government into chaos.
Germany Freezes Government Spending as Budget Crisis Deepens
The government, scrambling to fill a budget gap in the wake of a court ruling, said it would halt future spending commitments.