Tag #Economic Policy

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lefigaro.fr

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Aug 31, 19:16

France's Fiscal Situation: A Worsening Outlook

Pierre Moscovici, former French finance minister, warns of a worsening French fiscal situation, stating that the deficit reduction plan proposed by the Socialist Party is insufficient to meet the 2029 deficit target and risks increasing the cost of debt.

France's Fiscal Situation: A Worsening Outlook

Pierre Moscovici, former French finance minister, warns of a worsening French fiscal situation, stating that the deficit reduction plan proposed by the Socialist Party is insufficient to meet the 2029 deficit target and risks increasing the cost of debt.

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What is the primary concern regarding France's current fiscal situation, and what are its immediate implications?

The primary concern is the insufficient deficit reduction plan proposed by the Socialist Party, which delays reaching the under-3% deficit target to 2032 instead of 2029. This delay increases the risk of higher debt costs and questions France's credibility in international markets.

lefigaro.fr

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Aug 30, 19:15

French Socialist Party Unveils Budget Plan with €21.7 Billion Deficit Reduction

The French Socialist Party (PS) presented a budget plan aiming for a €21.7 billion deficit reduction by 2024, including measures targeting corporate tax loopholes, wealth taxes, and healthcare spending, while also boosting purchasing power.

French Socialist Party Unveils Budget Plan with €21.7 Billion Deficit Reduction

The French Socialist Party (PS) presented a budget plan aiming for a €21.7 billion deficit reduction by 2024, including measures targeting corporate tax loopholes, wealth taxes, and healthcare spending, while also boosting purchasing power.

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How does the Socialist Party plan to generate additional revenue to fund its budget proposals?

The PS aims to raise €26.9 billion through various tax measures. A key proposal is the "Zucman tax," imposing a minimum 2% tax on assets exceeding €100 million, expected to yield €15 billion. Further revenue will come from corporate tax reforms (€3.8 billion), anti-fraud measures (€3.2 billion), and taxes on large inheritances, tech companies, and ultra-processed foods.

kathimerini.gr

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Aug 29, 01:19

Greece Targets Tax Evasion by Self-Employed Individuals

Greece's 2023 presumptive tax policy targets self-employed individuals who underreported income despite past tax cuts and pandemic aid, aiming to address tax evasion and ensure fairer contribution.

Greece Targets Tax Evasion by Self-Employed Individuals

Greece's 2023 presumptive tax policy targets self-employed individuals who underreported income despite past tax cuts and pandemic aid, aiming to address tax evasion and ensure fairer contribution.

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How did the provision of pandemic aid to self-employed individuals influence their subsequent tax reporting behavior?

The Greek government's presumptive taxation measures, introduced in 2023, target self-employed individuals who consistently underreported income despite receiving tax breaks and pandemic aid. This action aims to address tax evasion and ensure fairer contribution to the national economy.

lefigaro.fr

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Aug 28, 13:22

French Taxi Strike Postponed Amidst Government Uncertainty

French taxi federations postponed a planned September 5th strike against new healthcare transport tariffs due to the potential collapse of the government on September 8th, citing the need for a legitimate interlocutor. The new tariffs aim to reduce €6.7 billion healthcare transport costs in 2024 but...

French Taxi Strike Postponed Amidst Government Uncertainty

French taxi federations postponed a planned September 5th strike against new healthcare transport tariffs due to the potential collapse of the government on September 8th, citing the need for a legitimate interlocutor. The new tariffs aim to reduce €6.7 billion healthcare transport costs in 2024 but...

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Decent Work and Economic Growth

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What is the primary cause for the postponement of the French taxi strike planned for early September?

French taxi federations postponed a planned September 5th strike due to potential government collapse on September 8th. The uncertainty surrounding a legitimate political interlocutor capable of making commitments led to the postponement. The federations aimed to halt transportation and protest new healthcare transport tariffs.

npr.org

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Aug 27, 04:18

Trump Attempts to Fire Federal Reserve Governor, Raising Concerns About Fed Independence

President Trump attempted to fire Federal Reserve Governor Lisa Cook for alleged mortgage fraud; Cook denies the President's authority and will sue; the event highlights a battle over the Fed's independence.

Trump Attempts to Fire Federal Reserve Governor, Raising Concerns About Fed Independence

President Trump attempted to fire Federal Reserve Governor Lisa Cook for alleged mortgage fraud; Cook denies the President's authority and will sue; the event highlights a battle over the Fed's independence.

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Peace, Justice, and Strong Institutions

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What broader implications does this action have for the independence of the Federal Reserve and its ability to conduct monetary policy?

The legality of the President's action is questionable. While the President can remove a Federal Reserve governor "for cause", the allegations against Governor Cook remain unproven. This, coupled with the President's past attacks on the Fed and lack of due process for Governor Cook, raises serious concerns about his motives.

sueddeutsche.de

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Aug 26, 10:17

German Advisory Board Warns Against Unbridled Industrial Subsidies

Germany's scientific advisory board to the Federal Ministry of Economics warns against excessive industrial subsidies, citing a 0.3% economic contraction in Q2 2025 and a €67 billion budget for state aid in 2024, advocating for deregulation and debureaucratization instead.

German Advisory Board Warns Against Unbridled Industrial Subsidies

Germany's scientific advisory board to the Federal Ministry of Economics warns against excessive industrial subsidies, citing a 0.3% economic contraction in Q2 2025 and a €67 billion budget for state aid in 2024, advocating for deregulation and debureaucratization instead.

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Responsible Consumption and Production

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What are the immediate economic consequences of Germany's unchecked industrial subsidies, according to the recent advisory board report?

Germany's economy shrank 0.3% in Q2 2025, prompting a warning from the Federal Ministry of Economics' scientific advisory board against excessive industrial subsidies. The board advocates for proportionality analysis before using industrial policy tools and prioritizes deregulation and debureaucratization for boosting the economy.

lemonde.fr

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Aug 31, 22:14

French Government Faces No-Confidence Vote: Budget at Stake

French Prime Minister faces a crucial no-confidence vote on September 8th over the 2026 budget, aimed at reducing national debt, with the Socialist party confirming their opposition.

French Government Faces No-Confidence Vote: Budget at Stake

French Prime Minister faces a crucial no-confidence vote on September 8th over the 2026 budget, aimed at reducing national debt, with the Socialist party confirming their opposition.

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What is the immediate consequence if the French government loses the no-confidence vote?

The government would fall, triggering either the appointment of a new Prime Minister capable of securing a majority or early elections. This would significantly impact France's economic policy trajectory and its ability to address the national debt.

elmundo.es

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Aug 30, 04:15

Spanish Inflation and Pension Increase in 2025

Spain's average inflation rate is expected to be around 2.6% from December 2024 to November 2025, leading to a 2.6% increase in public pensions in 2025, adding to previous increases of 8.4% in 2022, 3.8% in 2023, and 2.8% in 2024, although this increase adds to the already existing deficit in the So...

Spanish Inflation and Pension Increase in 2025

Spain's average inflation rate is expected to be around 2.6% from December 2024 to November 2025, leading to a 2.6% increase in public pensions in 2025, adding to previous increases of 8.4% in 2022, 3.8% in 2023, and 2.8% in 2024, although this increase adds to the already existing deficit in the So...

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No Poverty

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What is the projected impact of Spain's inflation rate on public pensions in 2025?

Based on Funcas economists' forecast of an average inflation rate of 2.62% between December 2024 and November 2025, public pensions in Spain are projected to increase by 2.6% in 2025. This increase is mandated by law to compensate for inflation-induced loss of purchasing power.

politico.eu

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Aug 28, 07:19

Policymakers Overlook Crucial "$370 Billion" Polyolefin Market in Clean Energy Transition

The "$370 billion" polyolefin market, crucial for clean energy infrastructure and various applications, is overlooked by policymakers, hindering the clean energy transition and circular economy goals.

Policymakers Overlook Crucial "$370 Billion" Polyolefin Market in Clean Energy Transition

The "$370 billion" polyolefin market, crucial for clean energy infrastructure and various applications, is overlooked by policymakers, hindering the clean energy transition and circular economy goals.

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Climate Action

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What is the economic and strategic significance of the polyolefin market in the context of the global clean energy transition?

Policymakers are overlooking the "$370 billion" polyolefin market, crucial for the clean energy transition. Polyolefins, including polyethylene and polypropylene, are essential for renewable energy infrastructure (wind farms, solar panels, grids) and various applications, yet receive minimal attention in policy.

lemonde.fr

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Aug 28, 13:22

Maldives to Lift Shark Fishing Ban

The Maldives will lift its ban on shark fishing in November 2024, prioritizing the gulper shark fishery to boost the national economy, despite concerns from environmental groups about the impact on its image as a shark sanctuary and the potential harm to its tourism industry.

Maldives to Lift Shark Fishing Ban

The Maldives will lift its ban on shark fishing in November 2024, prioritizing the gulper shark fishery to boost the national economy, despite concerns from environmental groups about the impact on its image as a shark sanctuary and the potential harm to its tourism industry.

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Life Below Water

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What are the immediate economic and environmental implications of the Maldives' lifting its ban on shark fishing?

The Maldives will lift its decades-long ban on shark fishing, specifically targeting the gulper shark, starting in November 2024. This decision, announced by President Mohamed Muizzu, aims to boost the national economy by re-establishing a significant income source. The ban, initially implemented in 2010, was lifted after the government determined that the economic benefits of shark fishing outweighed those of shark-related tourism.

nbcnews.com

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Aug 27, 01:14

U.S. Government's Intel Stake Signals Potential Shift Towards Increased Equity Investments

The U.S. government acquired a nearly 10% stake in Intel using funds from the CHIPS and Science Act, potentially signaling a broader shift towards government equity investments in private companies, sparking debate about the government's role in the private sector and raising concerns about potentia...

U.S. Government's Intel Stake Signals Potential Shift Towards Increased Equity Investments

The U.S. government acquired a nearly 10% stake in Intel using funds from the CHIPS and Science Act, potentially signaling a broader shift towards government equity investments in private companies, sparking debate about the government's role in the private sector and raising concerns about potentia...

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Decent Work and Economic Growth

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What are the underlying causes and broader consequences of this government intervention, considering its precedent in the 2008 financial crisis and the stated goals of the CHIPS Act?

The Intel investment, viewed by some as a nascent sovereign wealth fund, reflects a growing trend of government intervention in strategic industries. This strategy aims to stimulate domestic manufacturing and technological advancement, as evidenced by the over $200 billion in private capital investments and job creation resulting from the CHIPS Act. However, it raises concerns about potential conflicts of interest and the government's role in picking winners and losers.

abcnews.go.com

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Aug 26, 22:21

Trump Attempts to Fire Federal Reserve Governor, Sparking Conflict Over Fed's Independence

President Trump attempted to fire Federal Reserve Governor Lisa Cook, citing mortgage fraud allegations; Cook denies the accusations and claims Trump lacks the authority to remove her, citing her 14-year term, sparking a conflict over the Federal Reserve's independence.

Trump Attempts to Fire Federal Reserve Governor, Sparking Conflict Over Fed's Independence

President Trump attempted to fire Federal Reserve Governor Lisa Cook, citing mortgage fraud allegations; Cook denies the accusations and claims Trump lacks the authority to remove her, citing her 14-year term, sparking a conflict over the Federal Reserve's independence.

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What are the immediate consequences of President Trump's attempt to remove Federal Reserve Governor Lisa Cook?

President Trump attempted to fire Federal Reserve Governor Lisa Cook, citing mortgage fraud allegations. Cook denies the allegations and asserts that the president lacks the authority to remove her, given her 14-year term. This action escalates Trump's efforts to influence the Federal Reserve.

Showing 37 to 48 of 1,509 results