fiscal-consolidation
Global Bond Markets Stabilize, for Now, as Fiscal Storm Looms
French Finance Minister Says Deficit Reduction Plan Less Ambitious if Government Falls
France's Far-Right Rn Urges Snap Elections
Italy Close to Exiting EU's Excess Deficit Procedure, ECB's Lagarde Says
Romanian Government to Face Multiple No-Confidence Votes Over Deficit-Lowering Reforms
Date: September 1, 2025
BUCHAREST (Reuters) -Romania's broad coalition government will fast-track parliamentary approval on Monday for a series of divisive public sector spending reforms and tax hikes over which it will face...
French PM Bayrou Says He Will Request Confidence Vote From Parliament
Date: August 25, 2025
PARIS (Reuters) -French Prime Minister Francois Bayrou said on Monday he will seek a no-confidence vote from parliament on Sept. 8 as he seeks to mobilise support for his unpopular government's budget...
German Finance Minister Urges Cuts to Plug 30-billion-euro Gap in 2027 Budget
Date: August 22, 2025
BERLIN (Reuters) -Germany's Finance Minister Lars Klingbeil urged ministries to draw up substantial savings plans to help plug a budget gap of more than 30 billion euros ($34.80 billion) in 2027,...
Russia, Under War Spending Pressure, Set for More Austerity, Tax Hikes
Date: August 20, 2025
By Darya Korsunskaya MOSCOW (Reuters) -Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy creaking under the weight of financing...
Ukrainians to Keep Propping up Poland's Labour Market, Fitch Says
Date: August 19, 2025
By Karol Badohal and Gergely Szakacs WARSAW (Reuters) -Most Ukrainian refugees living in Poland are likely to stay there even if Ukraine reaches a ceasefire deal with Russia, meaning they will...
Romania Cuts EU-funded Recovery Funds Package to 21.6 Billion Euros
Date: July 31, 2025
BUCHAREST (Reuters) -Romania will be able to draw roughly 21.6 billion euros ($24.65 billion) worth of EU recovery funds after it concluded negotiations with Brussels on required reforms and deadlines...