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Budget News

France's Public Debt to Hit Record Highs, Exceeding 120% of GDP by 2027

France's debt to hit record 121.7% of GDP by 2027

Entain to Cut Hundreds of Jobs, Citing UK Tax Hikes and Budget Impact

Entain to cut 400 jobs citing UK tax hikes

France Revises Down Growth Forecasts for 2026 and 2027 Amid Deficit Concerns

France Cuts 2026-27 Growth Forecasts

Merz slams AfD, Weidel hits budget in German parliament

During a general debate in the German Bundestag, Chancellor Merz accused the AfD of being a "destructive force" and having pro-Russia stances. AfD leader Weidel criticized the government's budget as a "capitulation."

Klingbeil Defends Budget in First Bundestag Session

German Finance Minister Christian Klingbeil presented the federal budget during the first Bundestag session after the summer break, defending the proposed changes and emphasizing the need for fairness.

Germany plans €118B debt for 2027 budget

Germany's Finance Minister Lars Klingbeil presented the 2027 budget draft to the Bundestag, outlining €555.4 billion in spending, a nearly 6% increase from the current year. The plan includes over €118 billion in net new borrowing.

German Bundestag Begins Budget Discussions Amidst Unsettled Political Climate

Bundestag starts budget talks amid political uncertainty

France Prepares 2027 Budget: Focus on Spending Cuts, No Tax Hikes, and Deficit Control

France's 2027 Budget: Spending Cuts, No Tax Hikes Planned

EU 'Frugal' Nations Meet to Push for Budget Savings

EU 'Frugal' Nations Meet to Push for Budget Savings

French PM Lecornu to Hold Government Seminar on Budget, Cyber Threats, and Climate

French PM Lecornu to Hold Government Seminar

The federal budget is a comprehensive financial plan outlining government revenue and expenditure for a specific period.