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Italy approves 2027 budget with tax rises on banks, insurers and energy firms
This is the last full budget under Meloni, and her fifth, before national elections due next year.
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Spain funds foreign railways as its own network suffers a second fatal crash
The largest individual allocation involves a €754.3 million credit package cleared for Morocco’s state rail company ONCF.
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French debt costs hit 5 per cent as Belgian borrowing overtakes Greece
Ten-year government bond yields for both nations have widened their spreads against German Bunds, the eurozone’s benchmark safe-haven asset.
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Belgium settles for a one-year budget as full agreement stays out of reach
De Wever has warned that parties unwilling to abandon “taboos” risk higher debt that can no longer be managed without significant loss of prosperity.
EU budget errors climb for a second year
On spending they issued an adverse opinion for the seventh year in a row, meaning the errors were material and pervasive.
German finance minister spends €188,000 of taxpayers’ money on photos, hair and make-up
Most of the sum, €165,035, went on external photographers and €22,656 on visagists, stylists and make-up artists.
German taxpayers’ association lists worst 100 cases of public waste
The black book is not an official audit but still offers a telling insight into the choices Berlin made.
Strasbourg mayor says city finances in ruins after one term of Green rule
City debt is put at about €494 million in 2026, against €241 million in 2020. The Eurométropole's is put at €911 million, against €579 million.
French public hospitals post €2.3 billion deficit as debt ratio worsens
The sector's overall deficit narrowed from €2.9 billion in 2024 to €2.
IMF urges France to rein in public spending and accelerate fiscal consolidation
In assessment of the country, the Fund noted that France's public spending reached the highest level in the euro area.
Spanish Government diverted another €8.5 billion in EU funds to pay for pensions and social spending
The government has not clarified another €3 billion for civil servants' pensions in 2025 that may have been funded the same way.
German Government denies it misspent 95 per cent of record investment package
Germany’s finance ministry has countered claims by leading economists who accused the government of having misspent most of a debt-financed “special fund”…
Ifo institute: German government misappropriated 95 per cent of new debt for infrastructure
According to a new analysis by the ifo Institute, one of Germany's most respected economic research organisations, 95 per cent of the €24.
Overspending blows multi-billion-euro hole in French budget
France is facing "a serious slippage in public finances" over a €16 billion spending increase, ministers in the country have warned.
France’s left-wing alliance measures may cost ‘€100 billion in 2025’
France's left-wing alliance New Popular Front made campaign promises ahead of the snap general elections that could cost an estimated €100 billion in 2025.
Big spender Brussels ‘on its way to 300 per cent debt’
The Brussels-Capital Region risks being mired in enormous debt, according to a study by the University of Namur.