Tag #Economic Policy

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lexpansion.lexpress.fr

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Dec 11, 22:09

French Government Inaction Leads to 6.1% Budget Deficit

A French Senate report reveals government inaction from December 2023, leading to a 6.1% budget deficit in 2024 (vs. 4.4% projected), due to delayed responses and political considerations, highlighting internal notes warning of the critical situation.

French Government Inaction Leads to 6.1% Budget Deficit

A French Senate report reveals government inaction from December 2023, leading to a 6.1% budget deficit in 2024 (vs. 4.4% projected), due to delayed responses and political considerations, highlighting internal notes warning of the critical situation.

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What immediate consequences resulted from the French government's delayed response to the growing budget deficit, starting from December 2023?

"A Senate mission revealed that French governments' inaction from December 2023 led to a 6.1% budget deficit in 2024, exceeding the initial 4.4% projection. Internal government notes confirmed awareness of the critical situation, yet public statements remained reassuring. This inaction resulted in lost months and missed opportunities for corrective action."

kathimerini.gr

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Dec 11, 22:09

Greece Unveils New Immigration Policy to Fill 100,000 Job Vacancies

Greece's Minister of Migration and Asylum announced a new legal framework to expedite visa processing and extend residency permits to fill at least 100,000 job vacancies, streamlining the process for foreign workers and collaborating with relevant ministries to finalize the plan by the end of the mo...

Greece Unveils New Immigration Policy to Fill 100,000 Job Vacancies

Greece's Minister of Migration and Asylum announced a new legal framework to expedite visa processing and extend residency permits to fill at least 100,000 job vacancies, streamlining the process for foreign workers and collaborating with relevant ministries to finalize the plan by the end of the mo...

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What immediate steps is the Greek government taking to alleviate the 100,000 job vacancies, and what are the expected short-term effects?

The Greek government announced a new legal framework to expedite visa processing and extend residency permits to address at least 100,000 job vacancies. This initiative aims to streamline the process for foreign workers, reducing the current 36 steps involved. The plan includes digitalizing services and potentially extending permit durations to meet specific industry demands.

spanish.china.org.cn

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Dec 10, 07:08

"PCCh Planifica la Economía China para 2025 tras Simposio con Partidos No Comunistas"

"El secretario general del PCCh, Xi Jinping, presidió un simposio el 6 de diciembre con representantes de partidos no comunistas para discutir la situación económica de 2023 y planificar las políticas económicas para 2025, enfocándose en la expansión de la demanda interna, la innovación tecnológica ...

"PCCh Planifica la Economía China para 2025 tras Simposio con Partidos No Comunistas"

"El secretario general del PCCh, Xi Jinping, presidió un simposio el 6 de diciembre con representantes de partidos no comunistas para discutir la situación económica de 2023 y planificar las políticas económicas para 2025, enfocándose en la expansión de la demanda interna, la innovación tecnológica ...

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"¿Qué medidas específicas propone el PCCh para asegurar el crecimiento económico en 2025, considerando las incertidumbres internas y externas?"

"El Comité Central del Partido Comunista de China (PCCh) celebró un simposio el 6 de diciembre para discutir la situación económica de 2023 y planificar la labor económica para 2025. Xi Jinping, secretario general del PCCh, presidió la reunión y enfatizó la necesidad de políticas macroeconómicas más proactivas para impulsar el crecimiento. Se discutió la expansión de la demanda interna, la innovación tecnológica y la estabilización de los mercados inmobiliario y bursátil."

welt.de

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Dec 10, 16:13

Fuest Demands Economic Policy Shift in Germany

Ifo President Clemens Fuest calls for a fundamental shift in German economic policy to address geopolitical risks, climate change, and economic stagnation, proposing increased investments in key sectors, labor market adjustments, and tax reforms.

Fuest Demands Economic Policy Shift in Germany

Ifo President Clemens Fuest calls for a fundamental shift in German economic policy to address geopolitical risks, climate change, and economic stagnation, proposing increased investments in key sectors, labor market adjustments, and tax reforms.

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What immediate policy changes does Fuest propose to address Germany's economic challenges?

Ifo President Clemens Fuest advocates for a shift in German economic policy, citing geopolitical risks, climate change, and economic stagnation as major challenges. He proposes parallel action on multiple fronts, including increased investment in defense, education, climate protection, and infrastructure, alongside reductions in social transfers and subsidies.

elmundo.es

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Dec 10, 16:13

Spain Unveils €8 Billion Pharmaceutical Strategy to Boost Domestic Production and Access

Spain's Ministry of Health presented a 2024-2028 pharmaceutical industry strategy to strengthen domestic production, promote innovation, ensure equitable access to medicines, and enhance the National Health System's sustainability, involving €8 billion investment and 4,500 new jobs.

Spain Unveils €8 Billion Pharmaceutical Strategy to Boost Domestic Production and Access

Spain's Ministry of Health presented a 2024-2028 pharmaceutical industry strategy to strengthen domestic production, promote innovation, ensure equitable access to medicines, and enhance the National Health System's sustainability, involving €8 billion investment and 4,500 new jobs.

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Good Health and Well-being

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What are the main goals of Spain's new pharmaceutical industry strategy, and what immediate impacts are expected?

The Spanish government unveiled a 2024-2028 pharmaceutical industry strategy focused on boosting domestic production, innovation, and equitable access to medicines. This follows concerns over medicine shortages and external dependencies, highlighted by the pandemic. The plan aims to improve the sustainability of the national health system (SNS).

zeit.de

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Dec 9, 19:09

Fuest Calls for Radical Shift in German Economic Policy

Ifo President Clemens Fuest calls for a German economic policy shift, prioritizing investments in defense, education, climate protection, and infrastructure while reducing social transfers and subsidies; he suggests longer working hours, increased immigration, market-based climate solutions, and nuc...

Fuest Calls for Radical Shift in German Economic Policy

Ifo President Clemens Fuest calls for a German economic policy shift, prioritizing investments in defense, education, climate protection, and infrastructure while reducing social transfers and subsidies; he suggests longer working hours, increased immigration, market-based climate solutions, and nuc...

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How does Fuest's plan balance the need for increased investment with potential social and economic trade-offs?

Fuest's recommendations involve a fundamental restructuring of the German economy, transitioning from a welfare-state model towards increased investment and market-based solutions. He suggests using market mechanisms like carbon pricing to achieve climate goals and leveraging nuclear energy to increase energy supply. This restructuring seeks to enhance competitiveness and resilience in a changing geopolitical landscape.

lexpansion.lexpress.fr

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Dec 11, 10:42

French Senate Passes Social Security Budget Amidst Ruling Coalition Rift

The French Senate approved the 2025 Social Security budget, but Macronist senators abstained due to disagreement over €3 billion in employer contribution relief cuts, creating tension within the ruling coalition and threatening the government's broader agenda before a crucial joint committee meeting...

French Senate Passes Social Security Budget Amidst Ruling Coalition Rift

The French Senate approved the 2025 Social Security budget, but Macronist senators abstained due to disagreement over €3 billion in employer contribution relief cuts, creating tension within the ruling coalition and threatening the government's broader agenda before a crucial joint committee meeting...

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How does the disagreement over employer contribution relief cuts reflect broader political divisions and potential risks?

The Macronist senators' abstention highlights a significant rift within the ruling coalition regarding economic policy. Their demand for complete elimination of employer contribution relief contrasts with the Senate's compromise and the government's initial proposal. Failure to reach a compromise could lead to political instability and undermine the government's agenda.

kathimerini.gr

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Dec 11, 19:12

Geroulanos Condemns Greece's 2025 Budget for Unfair Tax Policies

PASOK-Movement for Change's Pavlos Geroulanos criticized Greece's 2025 budget, calling the tax policy unfair to the weak and ineffective against tax evasion by the wealthy, highlighting discrepancies between high VAT and low taxes on inheritances and dividends, and the government's shifting claims o...

Geroulanos Condemns Greece's 2025 Budget for Unfair Tax Policies

PASOK-Movement for Change's Pavlos Geroulanos criticized Greece's 2025 budget, calling the tax policy unfair to the weak and ineffective against tax evasion by the wealthy, highlighting discrepancies between high VAT and low taxes on inheritances and dividends, and the government's shifting claims o...

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What are the main criticisms of the Greek government's 2025 budget regarding its tax policy and its impact on different socioeconomic groups?

The Greek Parliament's discussion of the 2025 budget saw harsh criticism of the government's tax policy by PASOK-Movement for Change's parliamentary representative, Pavlos Geroulanos. He accused the government of unfair policies that harm the weak while failing to address tax evasion by the wealthy. Geroulanos highlighted the government's shifting narratives on economic success, from claiming to be Europe's best to now being better than Bulgaria.

german.china.org.cn

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Dec 10, 13:11

"China Announces Proactive Economic Policy for 2024"

"China's Politburo meeting on Monday, chaired by Xi Jinping, announced a more proactive fiscal and moderately loose monetary policy for 2024, emphasizing boosting domestic demand, technological innovation, and public welfare to counter economic uncertainties and ensure stable growth."

"China Announces Proactive Economic Policy for 2024"

"China's Politburo meeting on Monday, chaired by Xi Jinping, announced a more proactive fiscal and moderately loose monetary policy for 2024, emphasizing boosting domestic demand, technological innovation, and public welfare to counter economic uncertainties and ensure stable growth."

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"How does China's announced shift in monetary and fiscal policy compare to its approach in previous years, and what factors are driving this change?"

"The shift to a 'moderately loose monetary policy', a significant change since 2011, suggests potential for interest rate and reserve requirement ratio cuts by the central bank. A more proactive fiscal policy likely indicates increased focus on consumer spending and the real estate sector, aiming to counter economic uncertainties."

smh.com.au

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Dec 10, 07:08

Victoria Unveils Plan to Boost Economy Through Gas, Regulation Cuts, and Tech

The Victorian government unveiled an economic growth statement outlining plans to fast-track gas projects, halve the number of business regulators by 2030 saving businesses \$500 million, double the waste-to-energy cap to 2 million tonnes, and leverage RNA technology for agricultural improvements, a...

Victoria Unveils Plan to Boost Economy Through Gas, Regulation Cuts, and Tech

The Victorian government unveiled an economic growth statement outlining plans to fast-track gas projects, halve the number of business regulators by 2030 saving businesses \$500 million, double the waste-to-energy cap to 2 million tonnes, and leverage RNA technology for agricultural improvements, a...

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Industry, Innovation, and Infrastructure

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What are the key economic initiatives announced by the Victorian government, and what are their immediate implications for businesses and the state's economy?

The Victorian government announced a plan to boost the state economy by fast-tracking gas projects, halving the number of business regulators, and doubling the waste-to-energy cap. This involves streamlining approvals for gas projects, reducing red tape for businesses, and promoting investment in waste-to-energy initiatives. The plan aims to save businesses an estimated \$500 million over five years.

foxnews.com

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Dec 10, 22:09

Conflicting Views on Economy: Biden Claims Strength Amidst High Inflation

President Biden declared the economy strong before President-elect Trump's inauguration, despite a 22% increase in grocery prices since Biden's term began and voters ranking the economy as the top issue in the election.

Conflicting Views on Economy: Biden Claims Strength Amidst High Inflation

President Biden declared the economy strong before President-elect Trump's inauguration, despite a 22% increase in grocery prices since Biden's term began and voters ranking the economy as the top issue in the election.

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What are the potential consequences of President-elect Trump's tariff plans on consumer costs and the national debt?

The contrast between Biden's assertion of economic strength and voters' concerns highlights a disconnect between official narratives and public experience. High inflation, especially in grocery prices, directly contradicts claims of a strong economy, significantly impacting voters' choices. President-elect Trump's acknowledgment of economic issues as a key factor in his victory underscores this disconnect.

french.china.org.cn

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Dec 9, 19:09

China's CCP Plans Proactive Economic Policies for 2025

The Chinese Communist Party's Politburo convened on Monday to review 2024's economic progress, affirming success and outlining plans for 2025 focusing on proactive fiscal and monetary policies, technological innovation, and strengthened anti-corruption measures, all under Xi Jinping's leadership.

China's CCP Plans Proactive Economic Policies for 2025

The Chinese Communist Party's Politburo convened on Monday to review 2024's economic progress, affirming success and outlining plans for 2025 focusing on proactive fiscal and monetary policies, technological innovation, and strengthened anti-corruption measures, all under Xi Jinping's leadership.

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What key policy adjustments will China implement to achieve its 2025 economic targets?

The Chinese Communist Party's (CCP) Politburo held a meeting on Monday to analyze economic work for 2025 and plan anti-corruption efforts. The meeting, chaired by Xi Jinping, highlighted the importance of proactive macroeconomic policies for achieving economic goals outlined in the 14th Five-Year Plan (2021-2025). Key focus areas include boosting domestic demand and promoting technological innovation.

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