government-funding
FinanceJapan’s Cabinet Approves Record Budget, Faces Tough Parliament Fight
FinanceMoldova’s Parliament Passes 2025 Budget With Deficit at 4% of GDP
FinanceExclusive-China Plans Record $411 Billion Special Treasury Bond Issuance Next Year, Sources Say
Top StoriesExclusive-China Plans Record $411 Billion Special Treasury Bond Issuance Next Year, Sources Say
Romanian Coalition Government Secures Parliament Confidence Vote
Date: December 23, 2024
BUCHAREST (Reuters) -Social Democrat Prime Minister Marcel Ciolacu’s new coalition government won a parliamentary confidence vote on Monday and it now faces the difficult task of steering the country out of a crisis where the far-right has gained ground. The pro-European coalition government includes Ciolacu’s Social Democrats, centre-right Liberals and the ethnic Hungarian Party UDMR....
No French Government Before Monday Evening, Presidency Says
Date: December 23, 2024
PARIS (Reuters) – France’s new government will not be announced before Monday evening to take into account a day of mourning for cyclone-hit Mayotte, the presidency said in a statement, prolonging the political uncertainty in a major European power. Incoming centrist prime minister Francois Bayrou has struggled for almost 10 days to put together a...
South Korean Opposition Threatens to Impeach Han Over Martial Law Counsel
Date: December 23, 2024
By Hyonhee Shin SEOUL (Reuters) – South Korea’s main opposition party threatened on Monday to impeach acting president Han Duck-soo if he failed to proclaim a law to launch a special counsel investigation into President Yoon Suk Yeol’s failed bid to impose martial law. Prime Minister Han has taken over from the suspended Yoon, who...
German Tax Revenue Rose by 9.0% in November, Finance Ministry Says
Date: December 20, 2024
By Maria Martinez BERLIN (Reuters) – Germany’s federal and state governments’ tax revenue rose 9.0% in November compared with the same month last year, the finance ministry said in its monthly report on Friday, reaching a total of 61.0 billion euros ($63.43 billion). A positive trend has persisted in the first 11 months of the...
French PM Hopes to Have Budget Ready by mid-February
Date: December 20, 2024
PARIS (Reuters) – France’s new prime minister, Francois Bayrou, said on Thursday he hoped to have a budget ready by mid-February, as he battles to avoid the fate of his predecessor Michel Barnier, whose government collapsed amid opposition to his budget measures. “I hope to have a budget by mid-February,” Bayrou said on France 2...
German Parliament Passes Tax Relief to Offset Inflation
Date: December 20, 2024
BERLIN (Reuters) – German lawmakers passed a taxation reform on Thursday to combat the burden on households caused by higher inflation, with approval secured by the votes of the former coalition partners and the opposition conservatives. The legislation, set to come into effect at the start of the year, has been pushed through parliament at...