public-finance
Top StoriesUK Public Sector Workers Get Above-Inflation Pay Rises, Worth 9 Billion Pounds
Top StoriesGerman Coalition Passes 2025 Budget After Months of Wrangling
Top StoriesFrance ‘dangerously Exposed’ in Case of Economic Shock, National Audit Office Says
Top StoriesWhat S&P’s Ratings Downgrade Means for France
Italy Cuts Eni Stake, Raises 1.4 Billion Euros
Date: May 16, 2024
Italy cuts Eni stake, raises 1.4 billion euros By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, pocketing around 1.4 billion euros ($1.52 billion) in its drive to raise cash to bolster the country’s creaking public finances. Rome carried out the transaction through an...
Italy Cuts Growth Forecasts and Says Debt Set to Rise
Date: April 9, 2024
Italy cuts growth forecasts and says debt set to rise By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, reflecting an uncertain international outlook, and said public debt was set to rise despite its efforts to curb the annual budget deficit. In...
UK Sees Record Monthly Budget Surplus, but Tough Picture Ahead of Budget
Date: February 21, 2024
UK sees record monthly budget surplus, but tough picture ahead of budget By David Milliken and Suban Abdulla LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in January due to record seasonal tax inflows, official figures showed on Wednesday, although the broader picture remains tough as finance minister Jeremy Hunt prepares his...
Explainer-What Is Happening With Germany’s 2024 Budget?
Date: December 12, 2023
Explainer-What is happening with Germany’s 2024 budget? By Maria Martinez and Andreas Rinke BERLIN (Reuters) – German Chancellor Olaf Scholz, Economy Minister Robert Habeck and Finance Minister Christian Lindner resumed talks on Tuesday to find an agreement on the 2024 draft budget after a constitutional court ruling threw their financial plans into disarray. Here are...
German Budget Crisis Talks Enter Crunch Week
Date: December 4, 2023
German budget crisis talks enter crunch week BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held talks over the weekend to try to agree a budget for 2024 after a constitutional court ruling threw the government’s finances into disarray. Habeck also cancelled his trip to global climate...
Factbox-German Budget Crisis Tests Limits of Its ‘debt Brake’
Date: November 20, 2023
Factbox-German budget crisis tests limits of its ‘debt brake’ BERLIN (Reuters) – Germany’s constitutional court ruled last week that the coalition government’s decision to re-allocate 60 billion euros ($65 billion) of unused debt from the pandemic era to climate and industry projects was unconstitutional. The ruling has sent budget talks into disarray and sparked calls...