Tag #Fiscal Policy

elpais.com
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Andalusian PSOE Proposes New Regional Financing Model, Criticizing Madrid's Tax Cuts

The Spanish Ministry of Finance will meet on February 26th to discuss regional funding, while the Andalusian PSOE proposes a new financing model criticizing Madrid's tax cuts and advocating for increased public service funding and a stronger Interterritorial Compensation Fund, aiming for fairer dist...

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52% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Spain Delays Catalonia Debt Forgiveness Until After Key Socialist Congress

The Spanish government will delay debt forgiveness for Catalonia until after the Andalusian Socialist congress on February 23rd, to avoid internal party conflict before María Jesús Montero's leadership consolidation. The Fiscal and Financial Policy Council (CPFF) meeting on February 26th will addres...

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52% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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U.K. Pension Funds Weather Borrowing Cost Spike, Unlike 2022 Crisis

Higher U.K. borrowing costs this year, unlike the 2022 mini-budget crisis, have benefited pension funds due to higher funding ratios, lower leverage, improved governance, and a more measured yield increase; however, this reduced demand for new gilts presents challenges for the U.K. Debt Management O...

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40% Bias Score

Reduced Inequality
lentreprise.lexpress.fr
🌐 90% Global Worthiness
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US Debt Ceiling Crisis: Trump's Emergency Measures and Tariff Hike

Facing a debt ceiling crisis exceeding $36.1 trillion, the US is implementing temporary spending cuts to avoid default. President Trump, upon inauguration, announced a 25% tariff hike on Mexican and Canadian goods and established a new "Government Efficiency" ministry headed by Elon Musk to cut fede...

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44% Bias Score

Reduced Inequality
nbcnews.com
🌐 85% Global Worthiness
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Republican Divisions Threaten Trump's Debt Ceiling Strategy

President Trump faces significant Republican opposition to raising the debt ceiling, with 49 House Republicans and 12 Senators never having voted for such a measure, jeopardizing his legislative agenda and potentially leading to a national default.

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52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Borrowing Surges to Four-Year High, Raising Fiscal Concerns

The UK government's December borrowing hit a four-year high of £17.8 billion, exceeding expectations and raising concerns about the Chancellor's fiscal rules amid increased debt interest and spending.

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48% Bias Score

Reduced Inequality
zeit.de
🌐 65% Global Worthiness
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Schleswig-Holstein Debates Economic Stimulus Strategies

The Schleswig-Holstein state parliament debated proposals to revive the economy, with the SPD pushing for increased state investment and the FDP advocating for business deregulation, highlighting disagreements on how to best address economic challenges and boost growth.

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28% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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Germany's Stagnant Economy: Debt Brake, Low Productivity, and the Threat to Democracy

Germany's economy is stagnating due to the debt brake, according to Minister Habeck, leading to underinvestment and low productivity. The government proposes reforms to increase public investment and address high tax burdens.

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60% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 65% Global Worthiness
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Schleswig-Holstein Faces €1.15 Billion Budget Deficit, Increases Debt to Over €32 Billion

Schleswig-Holstein's 2025 budget reveals a €1.15 billion deficit, to be covered mostly by new loans totaling €908 million, pushing the state's debt over €32 billion, despite planned structural spending cuts of €217 million, with significant implications for the state's future financial health and so...

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36% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Fissures Emerge in Frugal EU Alliance as Geopolitical Landscape Shifts"

Facing geopolitical shifts and the war in Ukraine, traditionally frugal EU member states, especially Denmark, show cracks in their united front against increased EU spending and common debt; divisions persist as upcoming budget negotiations loom.

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40% Bias Score

Reduced Inequality
lefigaro.fr
🌐 75% Global Worthiness
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French Government Averts Budget Crisis with Concessions, Faces €12 Billion Censure Cost

French Economy Minister Eric Lombard warned that censuring the government's 2025 budget would cost €12 billion, prompting concessions to the Socialist Party to secure its passage. The government projects a 6% deficit for 2024 and plans a €50 billion budgetary effort for 2025, alongside EU capital ma...

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44% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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French Government Rejects Taxing Retirees to Fund Social Security

French Economy Minister Eric Lombard rejected a proposal by the Labor Minister to tax 40% of retirees to fund social security in the 2025 budget, citing the government's commitment to avoiding new household taxes; the proposal sparked controversy among political parties and government supporters.

Progress

36% Bias Score

Reduced Inequality