fiscal-consolidation
French Central Bank Head Says Budget Plan Goes in Right Direction
HeadlinesGerman Cabinet Approves Mid-Term Fiscal Plan for Brussels
Romania's Deficit Reduction Efforts Depend on Political Stability, Fitch Says
Italy Says Can Exit EU Deficit Procedure in 2026, Ahead of Schedule
Welfare Cuts U-Turn Shows Extent of UK's Fiscal Challenges, S&P Says
Date: July 4, 2025
By Marc Jones LONDON (Reuters) -The inability of Britain's government to make cuts to welfare spending this week underscores the extent of the challenges it faces in repairing its finances, credit...
France Must Squeeze Spending or Risk Market Backlash, Says Auditor
Date: July 2, 2025
PARIS (Reuters) -France needs to get its public finances back on track this year or risk pressure from unforgiving financial markets to do so in the future, the national public audit office said on...
French Deficit Target in Reach, but New Spending Cuts Needed, Ministry Says
Date: June 26, 2025
PARIS (Reuters) -The French government's 2025 budget deficit target is still in reach, but cost overruns mean that an extra 5 billion euros ($5.9 billion) in spending cuts is needed to get there, the...
Romania's Broad Coalition Government Wins Parliament Confidence Vote
Date: June 23, 2025
BUCHAREST (Reuters) -Romania's broad ruling coalition agreed to rotate prime ministers before a 2028 parliamentary election, with Liberal Ilie Bolojan swapping with a leftist Social Democrat in April...
Romanian President Nominates Liberal Party Leader Ilie Bolojan as PM
Date: June 20, 2025
BUCHAREST (Reuters) -Romania's centrist president Nicusor Dan nominated Liberal Party leader Ilie Bolojan as prime minister on Friday after weeks of negotiations to form a coalition government that...
ECB's Villeroy Says France Can Limit Budget Deficit to 5.4%
Date: June 12, 2025
PARIS (Reuters) -France's budget deficit will be 5.4% in 2025, in line with the Bank of France's target, even though the Bank has lowered the growth outlook for this year and the two following years,...