Tag #Budget

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lemonde.fr

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Dec 15, 13:07

France Recommends No Further Minimum Wage Increase in 2025 Amidst Job Market Slowdown

France's job market slowed in late 2024, prompting experts to recommend against a further minimum wage (SMIC) increase in 2025 beyond the 2% rise on November 1st, 2024, despite the SMIC rising 17% since late 2020, exceeding inflation and impacting wage distribution.

France Recommends No Further Minimum Wage Increase in 2025 Amidst Job Market Slowdown

France's job market slowed in late 2024, prompting experts to recommend against a further minimum wage (SMIC) increase in 2025 beyond the 2% rise on November 1st, 2024, despite the SMIC rising 17% since late 2020, exceeding inflation and impacting wage distribution.

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How has the minimum wage increase since 2020 affected the overall wage distribution and salary progression in France?

Since late 2020, the SMIC has risen by 17%, exceeding inflation (15%) and protecting purchasing power. Now at 62% of the median salary, it surpasses the EU's 60% recommendation, unlike most countries except Portugal and Slovenia. However, overall wages only increased by 12%, due to slower wage negotiations than the SMIC's indexation formula.

zeit.de

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Dec 15, 22:09

Merz Defends Union's Election Program Amidst Funding Concerns

CDU/CSU's Friedrich Merz defended their election program against accusations of unfunded promises, citing projected economic growth and cost savings from reforming the Bürgergeld system; they plan further proposals in early January.

Merz Defends Union's Election Program Amidst Funding Concerns

CDU/CSU's Friedrich Merz defended their election program against accusations of unfunded promises, citing projected economic growth and cost savings from reforming the Bürgergeld system; they plan further proposals in early January.

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How does the Union's criticism of the current government's handling of tax relief and energy costs factor into their election strategy?

The Union's response to criticism regarding their election program's funding focuses on projected economic growth and cost savings from reforming the Bürgergeld system. This strategy contrasts with the SPD/Green's criticism that the Union's €100 billion in promises lack funding sources. Merz also points to delays in implementing existing tax relief measures from the current government.

kathimerini.gr

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Dec 15, 22:09

Androulakis Slams Greek Government's Economic Policies

PASOK leader Nikos Androulakis criticized Greece's budget, calling it "lost opportunities" and accusing the government of prioritizing special interests, rejecting opposition proposals, and failing to address the demographic crisis.

Androulakis Slams Greek Government's Economic Policies

PASOK leader Nikos Androulakis criticized Greece's budget, calling it "lost opportunities" and accusing the government of prioritizing special interests, rejecting opposition proposals, and failing to address the demographic crisis.

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How does Androulakis assess the government's handling of the banking sector and its response to the opposition's proposals?

Androulakis criticized the government's reliance on the Recovery Fund, which has an expiration date, and its handling of banks, stating that the government's policies favor special interests and create insecurity for most citizens. He accused the government of rejecting opposition proposals due to "party egoism and arrogance.

kathimerini.gr

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Dec 14, 12:25

EU Slows Greece's Recovery Fund Loan Disbursements

Greece will request €3.1 billion from the EU Recovery Fund this week, comprising €1.3 billion in grants and €1.8 billion in loans, following a Commission decision to slow loan disbursements to match grant distribution rates.

EU Slows Greece's Recovery Fund Loan Disbursements

Greece will request €3.1 billion from the EU Recovery Fund this week, comprising €1.3 billion in grants and €1.8 billion in loans, following a Commission decision to slow loan disbursements to match grant distribution rates.

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Decent Work and Economic Growth

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What factors caused the revision of the loan disbursement plan, and what adjustments were made to the overall process?

This adjustment reflects the European Commission's effort to ensure a more even distribution of Recovery Fund resources between loans and grants. The initial plan for faster loan disbursement was altered due to the need for a more balanced approach, leading to a revised schedule where the final payment request in August 2026 will be the largest. This will ensure a more uniform disbursement of funds throughout the program's duration.

us.cnn.com

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Dec 13, 16:12

Macron Appoints Bayrou as French Prime Minister Amidst Budget Crisis

French President Emmanuel Macron appointed centrist Francois Bayrou as prime minister following the resignation of Michel Barnier, whose government collapsed after failing to pass a \u20ac60 billion budget amid a deeply divided parliament.

Macron Appoints Bayrou as French Prime Minister Amidst Budget Crisis

French President Emmanuel Macron appointed centrist Francois Bayrou as prime minister following the resignation of Michel Barnier, whose government collapsed after failing to pass a \u20ac60 billion budget amid a deeply divided parliament.

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What immediate actions and challenges face the newly appointed Prime Minister Francois Bayrou?

Following Michel Barnier's resignation, centrist Francois Bayrou was appointed as France's new Prime Minister. His immediate challenge involves navigating a deeply divided parliament to pass a \u20ac60 billion budget by December 21, a task Barnier failed to accomplish. Failure to pass the budget could result in a "fiscal continuity law", limiting spending to 2024 levels.

t24.com.tr

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Dec 13, 01:12

Turkey's 2025 Budget: Healthcare Spending Skewed Towards Private Hospitals

Turkey's 2025 budget allocates 10% (104.6 billion TL) of the Health Ministry's budget to 18 city hospital operators, while preventative care receives only 26.8%, highlighting skewed priorities and reliance on international loans for vaccine production.

Turkey's 2025 Budget: Healthcare Spending Skewed Towards Private Hospitals

Turkey's 2025 budget allocates 10% (104.6 billion TL) of the Health Ministry's budget to 18 city hospital operators, while preventative care receives only 26.8%, highlighting skewed priorities and reliance on international loans for vaccine production.

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Good Health and Well-being

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What is the most significant impact of the 2025 Turkish budget allocation on the public healthcare system?

"2025 Turkey's budget allocates 10% (104.6 billion TL) of the Health Ministry's budget—14.7% of its treatment budget—to 18 companies operating city hospitals. This contrasts sharply with the 85% allocated to the remaining 925 public hospitals. The Social Security Institution (SGK) pays private hospitals three times more per patient than public hospitals.", "The budget's emphasis on city hospitals and private healthcare, despite their higher costs, reveals a systemic prioritization of profit over public health. This is exemplified by the insufficient funding for preventative care (26.8% of the budget, or 3160 TL per person, insufficient for even a single dose of HPV vaccine).", "The World Bank's 250 million dollar loan for vaccine production highlights a critical healthcare deficiency: Turkey's reliance on foreign funding for essential services, despite once having a robust public health institute. This underscores long-term challenges of access and affordability."

welt.de

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Dec 15, 22:09

Merz Defends Union's Election Program Amidst Funding Concerns

Friedrich Merz defended the Union's election program, promising €100 billion in tax cuts and lower energy costs, claiming projected economic growth and Bürgergeld reforms will cover the expenses; he criticized the current government's slow response to rising energy costs and lack of budget planning.

Merz Defends Union's Election Program Amidst Funding Concerns

Friedrich Merz defended the Union's election program, promising €100 billion in tax cuts and lower energy costs, claiming projected economic growth and Bürgergeld reforms will cover the expenses; he criticized the current government's slow response to rising energy costs and lack of budget planning.

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How does Merz contrast the Union's approach to fiscal policy with that of the current government?

Merz connects the Union's spending promises to projected economic growth and planned Bürgergeld reforms, arguing these will offset the costs. He contrasts this with the current government's spending, highlighting the slow approval process for tax relief and the lack of budget planning for additional measures against rising energy costs. This highlights a key difference in fiscal policy between the Union and the current coalition.

kathimerini.gr

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Dec 15, 22:09

Greece's Finance Minister Defends Budget Amidst Opposition Criticism

Greek Finance Minister Kostis Hatzidakis defended the government's budget, highlighting positive growth driven by specific policies, while acknowledging challenges such as inflation and the housing market and criticizing the opposition's vision of returning to 2019's economic climate.

Greece's Finance Minister Defends Budget Amidst Opposition Criticism

Greek Finance Minister Kostis Hatzidakis defended the government's budget, highlighting positive growth driven by specific policies, while acknowledging challenges such as inflation and the housing market and criticizing the opposition's vision of returning to 2019's economic climate.

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Decent Work and Economic Growth

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What specific economic policies implemented by the Greek government have resulted in positive growth and improved credit ratings?

Greece's Finance Minister, Kostis Hatzidakis, defended the budget plan and government's performance, citing policies that led to positive growth. He criticized the opposition's negativity, questioning their vision of returning to 2019's economic climate.

news.sky.com

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Dec 14, 00:36

UK GDP Shrinks for Second Month, Undermining Economic Growth Pledges

Britain's GDP unexpectedly fell by 0.1% in October, marking the second consecutive month of contraction and challenging the government's economic growth pledges; farmers protested budget changes, while energy price cap predictions rose, and rail ticket-buying advice was offered.

UK GDP Shrinks for Second Month, Undermining Economic Growth Pledges

Britain's GDP unexpectedly fell by 0.1% in October, marking the second consecutive month of contraction and challenging the government's economic growth pledges; farmers protested budget changes, while energy price cap predictions rose, and rail ticket-buying advice was offered.

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How do the recent GDP figures relate to the public's response to the government's budget, considering the protests and criticisms?

The October GDP decline follows a similar 0.1% drop in September, indicating a concerning economic slowdown. This contraction directly contradicts the government's stated aim to "turbocharge" the economy, highlighting a significant policy challenge.

cnnespanol.cnn.com

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Dec 13, 16:12

Macron Appoints Bayrou as French Prime Minister Amidst Budget Crisis

French President Emmanuel Macron appointed François Bayrou as Prime Minister after Michel Barnier's government collapsed following a failed attempt to pass a budget with €60 billion in tax increases, leaving a deeply divided parliament.

Macron Appoints Bayrou as French Prime Minister Amidst Budget Crisis

French President Emmanuel Macron appointed François Bayrou as Prime Minister after Michel Barnier's government collapsed following a failed attempt to pass a budget with €60 billion in tax increases, leaving a deeply divided parliament.

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What immediate challenges does the newly appointed Prime Minister, François Bayrou, face?

Following the resignation of Prime Minister Michel Barnier, French President Emmanuel Macron appointed François Bayrou as the new Prime Minister. Bayrou faces the immediate challenge of passing a budget through a deeply divided parliament by December 21st, a task that led to Barnier's downfall. Failure to pass the budget could result in a "fiscal continuity law", limiting spending to 2024 levels.

cnn.com

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Dec 13, 16:12

France Names New Prime Minister Amidst Budget Crisis

French President Macron appointed centrist Francois Bayrou as prime minister on Friday following the resignation of Michel Barnier, whose government collapsed after failing to pass a €60 billion budget due to opposition from both the left and far-right.

France Names New Prime Minister Amidst Budget Crisis

French President Macron appointed centrist Francois Bayrou as prime minister on Friday following the resignation of Michel Barnier, whose government collapsed after failing to pass a €60 billion budget due to opposition from both the left and far-right.

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Why did Barnier's government fail, and what factors contributed to its collapse?

Barnier's government collapsed after failing to pass the budget, highlighting deep divisions within the French parliament. The budget's unpopular tax increases and delayed pension adjustments fueled opposition from both the left and far-right, leading to Barnier's removal via a no-confidence vote. Bayrou's success hinges on his ability to bridge this divide.

zeit.de

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Dec 13, 16:12

German Bundestag Agrees on Income Tax Relief and Child Benefit Increase

Germany's Bundestag is set to approve a bill before elections to adjust income tax brackets to counter inflation and raise child benefit by €5 to €255, pending Bundesrat approval, after negotiations involving the FDP, SPD, and Greens.

German Bundestag Agrees on Income Tax Relief and Child Benefit Increase

Germany's Bundestag is set to approve a bill before elections to adjust income tax brackets to counter inflation and raise child benefit by €5 to €255, pending Bundesrat approval, after negotiations involving the FDP, SPD, and Greens.

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What immediate actions are planned to address cold progression and child benefit in Germany?

The German Bundestag is poised to pass a bill before the upcoming election to offset cold progression in income tax and increase child benefit. The FDP, along with the SPD and Green minority coalition, will support the bill; however, Bundesrat approval is also necessary. Criticized aspects of the bill, including new bureaucratic costs for businesses, have been removed to secure FDP support.

Showing 493 to 504 of 670 results