Fiscal consolidation

Image for French deficit target in reach, but new spending cuts needed, ministry says
Finance

French deficit target in reach, but new spending cuts needed, ministry says

PARIS (Reuters) -The French government's 2025 budget deficit target is still in reach, but cost over...

26th June, 2025

Image for Romania's broad coalition government wins parliament confidence vote
Finance

Romania's broad coalition government wins parliament confidence vote

BUCHAREST (Reuters) -Romania's broad ruling coalition agreed to rotate prime ministers before a 2028...

23rd June, 2025

Image for Romanian president nominates Liberal Party leader Ilie Bolojan as PM
Headlines

Romanian president nominates Liberal Party leader Ilie Bolojan as PM

BUCHAREST (Reuters) -Romania's centrist president Nicusor Dan nominated Liberal Party leader Ilie Bo...

20th June, 2025

Image for ECB's Villeroy says France can limit budget deficit to 5.4%
Headlines

ECB's Villeroy says France can limit budget deficit to 5.4%

PARIS (Reuters) -France's budget deficit will be 5.4% in 2025, in line with the Bank of France's tar...

12th June, 2025

Image for French budget minister warns of IMF, EU oversight risk
Headlines

French budget minister warns of IMF, EU oversight risk

PARIS (Reuters) -France must put its finances into order or face the risk of being placed under the...

10th June, 2025

Image for Polish gridlock puts belt tightening efforts at risk, ratings agencies warn
Finance

Polish gridlock puts belt tightening efforts at risk, ratings agencies warn

By Gergely Szakacs and Marc Jones WARSAW/LONDON (Reuters) -Poland's sovereign credit rating could co...

4th June, 2025

Image for Romania must approve credible plan to lower deficit by end-June, president says
Finance

Romania must approve credible plan to lower deficit by end-June, president says

By Luiza Ilie BUCHAREST (Reuters) -Romania must present a credible plan to lower the EU's highest bu...

4th June, 2025

Image for UK needs tough action on government budget policy, OECD warns
Headlines

UK needs tough action on government budget policy, OECD warns

LONDON (Reuters) -Britain's government needs to try harder to reduce borrowing and debt, the Paris-b...

3rd June, 2025

Image for Planned Romanian spending cuts unlikely to prevent tax hikes, potential premier says
Finance

Planned Romanian spending cuts unlikely to prevent tax hikes, potential premier says

BUCHAREST (Reuters) -Plans to cut state spending in Romania once a new government is appointed are u...

2nd June, 2025

Image for Analysis-Polish nationalist's election victory deepens fiscal uncertainty
Headlines

Analysis-Polish nationalist's election victory deepens fiscal uncertainty

By Karol Badohal, Karin Strohecker and Gergely Szakacs WARSAW/LONDON (Reuters) -Poland's path to nar...

2nd June, 2025

Image for Poland's polarisation hurts fiscal consolidation, S&P says
Headlines

Poland's polarisation hurts fiscal consolidation, S&P says

WARSAW (Reuters) -The Polish government's willingness to reign in a bloated deficit may be sapped by...

27th May, 2025

Image for BIS urges governments to curb 'relentless' rise in debt
Finance

BIS urges governments to curb 'relentless' rise in debt

By Leika Kihara TOKYO (Reuters) -Governments across the globe must curb their "relentless" rise in p...

27th May, 2025