French Government on brink of collapse
French Prime Minister Michel Barnier's government, only installed in September, seems set to fall apart after having pushed through a social security financing bill.
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French Prime Minister Michel Barnier's government, only installed in September, seems set to fall apart after having pushed through a social security financing bill.
France's former interior minister Gérald Darmanin has called upon current PM, Michel Barnier, to find common ground with the National Rally (RN) party "and its…
International markets appear to be increasingly weary of potential political instability in France, pushing up interest rates.
Three months after his appointment, French Prime Minister Michel Barnier faces growing opposition.
France's national budget is so strained that lawmakers are pushing a proposal to make the French work an extra seven hours each year without pay - the equivalent…
The European Commission has rejected Poland’s request for defence spending to be excluded from calculations in relation to the country’s budget deficit.
Britain's new finance minister Rachel Reeves is set announce what may be the biggest tax hikes in three decades in a bid to fix the country's sagging public services,…
France's belt-tightening budget will attempt to regain control over the country's "colossal" debt burden, Finance Minister Antoine Armand has said.
While the allowable threshold is 2 per cent, the error rate has risen to almost three times this number, namely 5.6 per cent.
The vote, originally scheduled to follow the general policy speech on October 1, is a customary practice whereby prime ministers seek parliamentary approval.
Finance Minister Antoine Armand has sounded the alarm on the French budget, warning of the "very serious situation" facing France.
France has asked the European Commission to extend beyond September 20 a deadline for submitting a plan to reduce its public deficit to align with Paris' 2025 draft…
Due to the tight budgetary situation in Germany, the progressive government must significantly cut back on subsidies for installing heat pumps, which are a controversial…
Thirty MPs of the Liberal Free Democratic Party (FDP) said they would withdraw their support from the German traffic-light coalition if the Socialists (SPD) rack…
Near-zero growth, coupled with savage welfare cuts and broad perceptions of fiscal mismanagement, look set to push French Prime Minister Gabriel Attal's government…
The union needs "between €650 and 1,000 billion per year more" a year to invest in defence and decarbonisation, Macron said, arguing that "we must succeed in doubling…
Germany has met a NATO alliance target to spend 2 per cent of its gross domestic product on defence for the first time since the early 1990s, a defence ministry…
Splits in the pro-EU European Parliament coalition are emerging after the Green Group broke ranks to oppose the bloc's proposed budget reforms.
Germany's federal states might see the Federal Constitutional Court (FCC) blow major holes in their budgets over creative debt constructions, as happened with the…
Germany’s traffic-light coalition Government intends to rescue its 2023 budget - by taking on additional debt.
In the midst of a severe fiscal crisis, the German Government has imposed a moratorium on virtually all new expenditure
Berlin faces a hole in the budget of up to 60 billion euros and potentially a total stop of the so-called "energiewende", the ongoing transition by Germany to a…
Hungary and Slovakia are opposing the bloc’s proposed €50 billion in financial aid, which is being tied in with the EU's entire budget, known as the Multi-Annual…
Politicians from both the Left and Right of the European Parliament have expressed anger at the move, especially since the EC appears to be reducing spending in…
In its latest report, the European Court of Auditors (ECA) said that errors in the spending of funds taken from the European Union budget "increased significantly…
The Cologne Institute for Economic Research has published figures revealing how much cash Member States gave to or received from the European Union in 2022.