fiscal-consolidation
France's Political Paralysis Sparks Fresh Credit Rating Warnings
Italy Plans to Increase Borrowing by $14 Billion From 2026-2028
Thousands Protest in France Against Spending Cuts
Italy Says Deficit to Respect EU's 3% Ceiling This Year Despite Weak Growth
Italy Sees 2025 Deficit at Around 3% of Gdp, in Line With EU Rules
Date: September 29, 2025
By Giuseppe Fonte ROME (Reuters) -Italy sees this year's budget deficit at around 3% of national output (GDP) or slightly below, people familiar with the matter told Reuters on Monday, as the...
Poland to Cut EU Recovery Plan Loans by $5.9 Billion, Minister Says
Date: September 26, 2025
WARSAW (Reuters) -Poland will cut the amount of money it takes in cheap loans from the European Union's post COVID-19 Recovery and Resilience Facility by 21.5 billion zlotys ($5.87 billion), the Funds...
French Unions Call More Protests to Put Pressure on New Prime Minister
Date: September 24, 2025
PARIS (Reuters) -French Unions said on Wednesday they will hold another day of action on Oct. 2, calling for strikes and demonstrations, after a meeting with the country's new Prime Minister Sebastien...
Romania's Top Court Postpones Ruling on Challenges to Deficit Lowering Measures
Date: September 24, 2025
BUCHAREST (Reuters) -Romania's top court on Wednesday postponed ruling on challenges brought against measures to lower the largest budget deficit in the European Union, prolonging uncertainty over the...
Italy's Budget Deficit Could Fall Below 3% of GDP This Year, Finance Minister Says
Date: September 20, 2025
ROME (Reuters) -Italy's budget deficit could fall below the European Union's ceiling of 3% of gross domestic product (GDP) this year, ahead of time, Economy Minister Giancarlo Giorgetti said on...
UK's Reeves Faces "major Fiscal Issue" if She Misses Efficiency Target, Ifs Says
Date: September 18, 2025
LONDON (Reuters) -British finance minister Rachel Reeves risks "a major fiscal issue" if she misses her ambitious plans to make public services more efficient, a think tank warned on Friday,...