France to Adjust 2026 Budget to Address 2025 Shortfalls
France's Economy Minister Eric Lombard announced plans to start preparing the 2026 budget on Monday, aiming to correct issues in the 2025 budget that negatively impacted businesses and high-income earners, while implementing new budget control tools to prevent future overruns.
France to Adjust 2026 Budget to Address 2025 Shortfalls
France's Economy Minister Eric Lombard announced plans to start preparing the 2026 budget on Monday, aiming to correct issues in the 2025 budget that negatively impacted businesses and high-income earners, while implementing new budget control tools to prevent future overruns.
Progress
36% Bias Score
Spain's Economic Growth Fails to Meet Deficit Reduction Targets
Spain's robust economy is expected to continue leading European growth in 2024; however, S&P Global Ratings forecasts a 2.9% deficit, exceeding the government's 2.5% target for 2025, due to increased public spending and without additional measures.
Spain's Economic Growth Fails to Meet Deficit Reduction Targets
Spain's robust economy is expected to continue leading European growth in 2024; however, S&P Global Ratings forecasts a 2.9% deficit, exceeding the government's 2.5% target for 2025, due to increased public spending and without additional measures.
Progress
40% Bias Score
France's New Government Targets Deficit Reduction Amidst Political Challenges
France's new government plans to reduce its 2025 deficit to 5-5.5% of GDP, raising €50 billion through tax increases and spending cuts, aiming for a 3% deficit by 2029, despite political challenges and warnings about relying on temporary emergency legislation.
France's New Government Targets Deficit Reduction Amidst Political Challenges
France's new government plans to reduce its 2025 deficit to 5-5.5% of GDP, raising €50 billion through tax increases and spending cuts, aiming for a 3% deficit by 2029, despite political challenges and warnings about relying on temporary emergency legislation.
Progress
48% Bias Score
EU Approves France's €60 Billion Budget Plan for 2025
The European Commission approves France's €60 billion budget plan for 2025, aiming for a 5% deficit, involving €40 billion in cuts and €20 billion in new revenue, despite potential domestic political challenges.
EU Approves France's €60 Billion Budget Plan for 2025
The European Commission approves France's €60 billion budget plan for 2025, aiming for a 5% deficit, involving €40 billion in cuts and €20 billion in new revenue, despite potential domestic political challenges.
Progress
36% Bias Score
EU Suspends Deficit Procedure Against France
The EU suspended its deficit procedure against France, accepting a revised budget plan projecting a 5.4% deficit this year, aiming for under 3% by 2029, to avoid destabilizing France's fragile political climate.
EU Suspends Deficit Procedure Against France
The EU suspended its deficit procedure against France, accepting a revised budget plan projecting a 5.4% deficit this year, aiming for under 3% by 2029, to avoid destabilizing France's fragile political climate.
Progress
40% Bias Score
France's Bayrou Government Sets Higher Deficit Target for 2025
France's Bayrou government targets a 5.4% public deficit for 2025, exceeding the previous government's 5% goal, due to negotiations with parliament and potentially less favorable economic growth forecasts.
France's Bayrou Government Sets Higher Deficit Target for 2025
France's Bayrou government targets a 5.4% public deficit for 2025, exceeding the previous government's 5% goal, due to negotiations with parliament and potentially less favorable economic growth forecasts.
Progress
48% Bias Score
French Bond Yields Surge Despite New Government Appointment
France's new government has failed to soothe market concerns, as 10-year bond yields remain high, exceeding 3.2% and creating a significant spread against Germany, mirroring the reaction after June's surprise dissolution of the National Assembly; the large deficit and upcoming elections fuel uncerta...
French Bond Yields Surge Despite New Government Appointment
France's new government has failed to soothe market concerns, as 10-year bond yields remain high, exceeding 3.2% and creating a significant spread against Germany, mirroring the reaction after June's surprise dissolution of the National Assembly; the large deficit and upcoming elections fuel uncerta...
Progress
48% Bias Score
French Senate Debates 2025 Social Security Budget
The French Senate is debating the 2025 social security budget, with the government aiming to reduce the projected deficit through various measures.
French Senate Debates 2025 Social Security Budget
The French Senate is debating the 2025 social security budget, with the government aiming to reduce the projected deficit through various measures.
Progress
40% Bias Score