Angry opposition threatens French PM over blurry budget plans as strikes loom
PARIS — French unions and opposition parties are losing patience with new Prime Minister Sébastien Lecornu and his decision to…
Category: Budget
Clouds darken further over German economy
German business morale unexpectedly declined in September, a key survey showed Wednesday, adding to growing concerns among German business that…
Germany’s Klingbeil announces record investment, but warns of belt-tightening ahead
BERLIN — German Finance Minister Lars Klingbeil told lawmakers on Tuesday that the German government planned to invest a record…
EU aims to ‘Le Pen proof’ its budget with swift deal by 2026
BRUSSELS — EU countries are racing to secure a deal on the bloc’s next seven-year budget before French presidential elections in…
Brussels approves Germany’s mega spending plan
BRUSSELS — Germany has received the European Commission’s blessing to massively expand its budget even though its proposed plan will…
France’s credit rating cut by Fitch amid political turmoil
PARIS — Ratings agency Fitch downgraded France’s credit rating just days after the country named yet another prime minister. The…
New French PM kicks off tenure by distancing himself from predecessor
PARIS — New French Prime Minister Sébastien Lecornu is spending his first days on the job trying to get rid…
EU’s richest countries hold secret meeting in Vienna as budget talks get tribal
BRUSSELS — Northern European countries are gathering in Vienna on Thursday to forge a common front ahead of two years of…
Von der Leyen proposes using Russian assets to fund new Ukraine loan
BRUSSELS ― European Commission President Ursula von der Leyen proposed using Russian frozen assets to issue a “reparations loan” for Ukraine…
French Socialists confirm they’ll oust PM, push for center-left replacement
PARIS — The French Socialist Party dashed hopes they would refrain from bringing down the country’s minority government and now…