Greek Tax Cuts in 2026 Tied to Tax Evasion Crackdown
The Greek government plans tax cuts for 2026, contingent upon generating €3.2 billion over two years by cracking down on tax evasion through measures like myDATA and electronic invoicing; this revenue will finance the tax reductions.
Greek Tax Cuts in 2026 Tied to Tax Evasion Crackdown
The Greek government plans tax cuts for 2026, contingent upon generating €3.2 billion over two years by cracking down on tax evasion through measures like myDATA and electronic invoicing; this revenue will finance the tax reductions.
Progress
36% Bias Score
China to Implement Proactive Fiscal Policy with Increased Deficit and Bond Issuance
China will significantly increase its fiscal spending in 2024, raising its deficit-to-GDP ratio potentially to 4 percent and issuing more government bonds to boost economic growth, specifically targeting infrastructure and affordable housing to counter domestic and global economic headwinds.
China to Implement Proactive Fiscal Policy with Increased Deficit and Bond Issuance
China will significantly increase its fiscal spending in 2024, raising its deficit-to-GDP ratio potentially to 4 percent and issuing more government bonds to boost economic growth, specifically targeting infrastructure and affordable housing to counter domestic and global economic headwinds.
Progress
52% Bias Score
French Socialists Propose Using Reserve Fund to Halt Pension Reform
The French Socialist Party suggests using the €20 billion Retirement Reserve Fund to temporarily halt the 2023 pension reform, costing €2-3 billion in 2025, sparking debate over the fund's purpose and the reform's future.
French Socialists Propose Using Reserve Fund to Halt Pension Reform
The French Socialist Party suggests using the €20 billion Retirement Reserve Fund to temporarily halt the 2023 pension reform, costing €2-3 billion in 2025, sparking debate over the fund's purpose and the reform's future.
Progress
36% Bias Score
Trump Hosts House Republicans Amid Reconciliation Process Disagreements
President-elect Trump is hosting House Republicans at Mar-a-Lago to unify them on a conservative policy overhaul using budget reconciliation, facing internal disagreements on a one-bill versus two-bill approach and specific policies like SALT deductions.
Trump Hosts House Republicans Amid Reconciliation Process Disagreements
President-elect Trump is hosting House Republicans at Mar-a-Lago to unify them on a conservative policy overhaul using budget reconciliation, facing internal disagreements on a one-bill versus two-bill approach and specific policies like SALT deductions.
Progress
52% Bias Score
Musk Lowers Projected US Budget Cuts to $1 Trillion
Elon Musk lowered his projected U.S. budget cuts from $2 trillion to $1 trillion, citing the difficulty of achieving the initial target without impacting national security or mandatory spending programs. The revised goal reflects a more realistic approach to reducing government spending.
Musk Lowers Projected US Budget Cuts to $1 Trillion
Elon Musk lowered his projected U.S. budget cuts from $2 trillion to $1 trillion, citing the difficulty of achieving the initial target without impacting national security or mandatory spending programs. The revised goal reflects a more realistic approach to reducing government spending.
Progress
44% Bias Score
France's Economic Crisis: Public Spending and Loss of Confidence
France's economic situation has worsened dramatically since early 2024, due to the dissolution of the National Assembly and uncontrolled public spending, leading to a loss of public confidence and increasing economic risks.
France's Economic Crisis: Public Spending and Loss of Confidence
France's economic situation has worsened dramatically since early 2024, due to the dissolution of the National Assembly and uncontrolled public spending, leading to a loss of public confidence and increasing economic risks.
Progress
56% Bias Score
House Republicans Demand Trillions in Spending Cuts Before Supporting Trump's Bill
House Republicans are demanding trillions in spending cuts before supporting President-elect Trump's bill, which includes a debt limit increase and billions in spending on border security, energy projects, and tax extensions; failure to reach a compromise could lead to the bill's collapse and potent...
House Republicans Demand Trillions in Spending Cuts Before Supporting Trump's Bill
House Republicans are demanding trillions in spending cuts before supporting President-elect Trump's bill, which includes a debt limit increase and billions in spending on border security, energy projects, and tax extensions; failure to reach a compromise could lead to the bill's collapse and potent...
Progress
52% Bias Score
UK Chancellor Defends Fiscal Rules Amid China Trip
UK Chancellor Rachel Reeves visited China to secure economic deals amid market turmoil at home, reaffirming her commitment to fiscal rules while securing agreements worth £600 million over the next five years.
UK Chancellor Defends Fiscal Rules Amid China Trip
UK Chancellor Rachel Reeves visited China to secure economic deals amid market turmoil at home, reaffirming her commitment to fiscal rules while securing agreements worth £600 million over the next five years.
Progress
48% Bias Score
China to Implement Highly Proactive Fiscal Policy in 2025
China's 2025 fiscal policy will significantly increase the fiscal deficit to boost economic recovery through increased government spending, focusing on affordable housing, employment, and consumption, with a projected 17 percent month-on-month and 18 percent year-on-year increase in new commercial h...
China to Implement Highly Proactive Fiscal Policy in 2025
China's 2025 fiscal policy will significantly increase the fiscal deficit to boost economic recovery through increased government spending, focusing on affordable housing, employment, and consumption, with a projected 17 percent month-on-month and 18 percent year-on-year increase in new commercial h...
Progress
40% Bias Score
UK Chancellor Faces Market Pressure Amid Rising Gilt Yields
UK Chancellor Rachel Reeves faces increasing market pressure following her October budget, with rising gilt yields threatening to breach her fiscal rules within nine months, echoing the challenges faced by predecessors Denis Healey and Kwasi Kwarteng.
UK Chancellor Faces Market Pressure Amid Rising Gilt Yields
UK Chancellor Rachel Reeves faces increasing market pressure following her October budget, with rising gilt yields threatening to breach her fiscal rules within nine months, echoing the challenges faced by predecessors Denis Healey and Kwasi Kwarteng.
Progress
52% Bias Score
UK Government Rejects Intervention as Pound Falls to 2023 Low
The UK government rejected calls for intervention as the pound fell to its lowest level against the dollar since November 2023 due to concerns about the budget's impact on growth, unemployment, and interest rates, causing increased borrowing costs.
UK Government Rejects Intervention as Pound Falls to 2023 Low
The UK government rejected calls for intervention as the pound fell to its lowest level against the dollar since November 2023 due to concerns about the budget's impact on growth, unemployment, and interest rates, causing increased borrowing costs.
Progress
56% Bias Score
UK Borrowing Costs Surge Amidst Global Uncertainty and Labour's Economic Policies
The UK's 30-year gilt yields reached a 27-year high due to global interest rate adjustments and Labour's economic policies, which decreased investor confidence and increased borrowing costs, hindering investments and improvements.
UK Borrowing Costs Surge Amidst Global Uncertainty and Labour's Economic Policies
The UK's 30-year gilt yields reached a 27-year high due to global interest rate adjustments and Labour's economic policies, which decreased investor confidence and increased borrowing costs, hindering investments and improvements.
Progress
64% Bias Score