Business
P&R's two-pronged budget approach under fire
Critics of P&R say it shows there is no commitment to making savings within the States.
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Budget
Business
Irish budget tackles childcare and energy costs
The threshold at which people start paying the higher income tax rate is also expected to increase.
World
France unveils cost-cutting budget amid protests
The French government is seeking €54 billion in savings in its 2027 budget proposal, as it faces pressure over its ballooning public debt. But it's likely to face opposition, especially on proposals that would cap pension increases. Meanwhile, protests by high school students over resources and conditions in classrooms have spread across the country, with the budget likely to further inflame tensions.
World
Budget 2027: who will pay the bill?
The Prime Minister, Sébastien Lecornu, presented Thursday morning, the draft law on the financing of social security (PLFSS) in the Council of Ministers, which plans to divide the deficit almost by two in 2027, thanks in particular to the important efforts demanded from pensioners, social policy holders and businesses...
Politics
Budget 2027: what to remember from the measures announced by the Lecornu government
On Thursday, the French government announced its draft budget for 2027, which provides €43 billion in savings. Target: To reduce the deficit to 5% of GDP in 2027, compared to 5.6% projected in 2026. Here are the main measures announced by Matignon.
World
Budget 2027: the executive plan deemed "optimistic" in the face of the situation
Benjamin Coriat, economist member of the Landing Economists, is our guest.
World
France’s 2027 budget plan puts pressure on local services
France presented its 2027 budget bill on Thursday, seeking to enact unpopular belt-tightening measures. And local governments are bracing for painful cuts. The national government provides most of the financing for local and municipal budgets – and it's now seeking 5.4 billion euros in savings there. Across the country, mayors are scrambling to figure out how to cut back, while still providing essential services.
Politics
France demands belt-tightening in 2027 budget as investors sour on its debt
France presented its 2027 budget bill on Thursday, seeking to enact unpopular belt-tightening measures that can lower its deficit and appease increasingly twitchy bond investors ahead of next year's presidential election. The legislation faces a tough ride in a deeply divided parliament, as political clans position themselves for one of the country's most consequential elections in modern times.
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Politics
Budget 2027: Government unveils its project, under market pressure
On Thursday, the French government announces its budget for 2027, which includes measures on pensions, while interest rates on debt are blazing. The PLF and PLFSS will be presented to the Council of Ministers, before their consideration by Parliament.
World
France to unveil 2027 budget as debt hits record high
As the French government prepares to unveil its latest budget, the country's debt is at a record high and growing every day. France's public debt currently stands at nearly 3.6 trillion euros, nearly 60 billion of that added in the last three months alone.
Business
Drastic budget cutbacks essential to fund Europe's defense, Germany and allies warn
Six European leaders have called for major cuts to a proposed 2 trillion euro budget.
World
Germany news: Merz revolts over EU budget, report says
Chancellor Friedrich Merz and his counterparts from five countries have threatened to withhold approval to the EU budget proposal unless it's cut by billions of euros. Follow DW.
Business
More free nursery hours proposed in budget
The government releases its proposed budget with "targeted measures" to help families.
Politics
Budget 2027: the executive leads to save €54 billion
The government will transmit its 2027 finance bill to the National Assembly on Thursday, 1 October. Objective 2027: Reduce the deficit to 5% of GDP through two levers: lower expenditure and higher revenue. Among the first avenues mentioned, the freezing of the point of index of the salaries of civil servants, a larger contribution of people to retirement and the removal of "inefficient" tax niches to avoid having to raise taxes in this election year.
Business
Budget 2026: Key points at a glance
Here’s what you need to know from John Healey’s first Budget, as the chancellor sets out the government’s tax and spending plans.
Business
Best thing we can offer young people is a job, not benefits, says chancellor
John Healey's speech comes ahead of next month's Budget, as he faces pressure to bring down government borrowing costs.
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Business
France's fresh budget battle threatens to topple another government
Time is not on the side of French government bonds, strategists have warned, as the nation's deficit balloons.
Business
Unexpected UK borrowing surge adds to pre-Budget pressure on chancellor
Borrowing was higher than expected in August as inflation piles pressure on the government ahead of the Budget.
World
Interference, budget, fuel: Emmanuel Macron's demining operation
On the menu of the Political Essential: the geopolitics that come into the presidential campaign, the unpopular budget 2027 and Ségolène Royal that comes to play the trouble-fest at the primary of the left. With Richard Werly, editor and journalist for Swiss media Blick.
Business
Budget airline king Bill Franke warms to first-class seats and premium upgrades
Serial airline investor Bill Franke is embracing more upmarket changes like first-class seats.