Spain's New Funding Model Sparks Tax Policy Showdown
The Spanish government's proposed reform of the autonomous community funding model seeks to curb tax-cutting powers among regional governments, aiming for greater fiscal equality, a move that has sparked significant political opposition.
Spain's New Funding Model Sparks Tax Policy Showdown
The Spanish government's proposed reform of the autonomous community funding model seeks to curb tax-cutting powers among regional governments, aiming for greater fiscal equality, a move that has sparked significant political opposition.
Progress
56% Bias Score
World Bank Recommends Fiscal and Pension Reforms for North Macedonia
The World Bank proposes a VAT increase to 19%, eliminating preferential rates, and pension reforms including gradually raising the retirement age and contribution rates for North Macedonia to address its high fiscal deficit (exceeding 62% of GDP) and unsustainable pension system.
World Bank Recommends Fiscal and Pension Reforms for North Macedonia
The World Bank proposes a VAT increase to 19%, eliminating preferential rates, and pension reforms including gradually raising the retirement age and contribution rates for North Macedonia to address its high fiscal deficit (exceeding 62% of GDP) and unsustainable pension system.
Progress
64% Bias Score
Erhard's 1959 Warning: A Turning Point in German Fiscal Policy
In 1959, German Economics Minister Ludwig Erhard warned against Germany's growing consumption, arguing that it threatened economic stability and advocating for fiscal responsibility. His speech in the Bundestag sparked debate, highlighting a shift in German economic policy from fiscal restraint to i...
Erhard's 1959 Warning: A Turning Point in German Fiscal Policy
In 1959, German Economics Minister Ludwig Erhard warned against Germany's growing consumption, arguing that it threatened economic stability and advocating for fiscal responsibility. His speech in the Bundestag sparked debate, highlighting a shift in German economic policy from fiscal restraint to i...
Progress
44% Bias Score
China Shifts to Unconventional Monetary Policy to Boost Economy
Facing intensified economic uncertainties and potential US tariffs, China's top leadership announced a shift to a more proactive fiscal and moderately loose monetary policy, potentially involving unconventional measures like large-scale central bank bond purchases and aggressive interest rate cuts, ...
China Shifts to Unconventional Monetary Policy to Boost Economy
Facing intensified economic uncertainties and potential US tariffs, China's top leadership announced a shift to a more proactive fiscal and moderately loose monetary policy, potentially involving unconventional measures like large-scale central bank bond purchases and aggressive interest rate cuts, ...
Progress
48% Bias Score
PNV Rejects Energy Tax, Jeopardizing Spain's Fiscal Reform
The Basque Nationalist Party (PNV) will not support the Spanish government's tax on energy companies' excess profits, jeopardizing the government's fiscal reform and potentially causing instability in the governing coalition.
PNV Rejects Energy Tax, Jeopardizing Spain's Fiscal Reform
The Basque Nationalist Party (PNV) will not support the Spanish government's tax on energy companies' excess profits, jeopardizing the government's fiscal reform and potentially causing instability in the governing coalition.
Progress
36% Bias Score
"Niedersachsen's 2025 Budget: Investment vs. Austerity"
"Niedersachsen's 2025 budget of €44.2 billion, a €1.6 billion increase, prioritizes education and infrastructure despite projected lower tax revenue and criticism from CDU and AfD for insufficient economic stimulus and neglecting issues like rising crime and healthcare."
"Niedersachsen's 2025 Budget: Investment vs. Austerity"
"Niedersachsen's 2025 budget of €44.2 billion, a €1.6 billion increase, prioritizes education and infrastructure despite projected lower tax revenue and criticism from CDU and AfD for insufficient economic stimulus and neglecting issues like rising crime and healthcare."
Progress
36% Bias Score
"Spanish Energy Tax Extension Fails; Government Pivots to Diesel Tax Increase"
"The Spanish government's attempt to extend a tax on large energy companies is failing due to internal coalition disagreements, forcing a shift in focus to a separate diesel fuel tax increase to meet revenue targets."
"Spanish Energy Tax Extension Fails; Government Pivots to Diesel Tax Increase"
"The Spanish government's attempt to extend a tax on large energy companies is failing due to internal coalition disagreements, forcing a shift in focus to a separate diesel fuel tax increase to meet revenue targets."
Progress
56% Bias Score
Madrid Economists Warn of Financial Collapse from Catalonia's Singular Financing
The Madrid College of Economists warns that the proposed singular financing for Catalonia, if approved, would lead to the collapse of the national and regional financial system, due to the agreement between PSOE and Esquerra, which grants Catalonia total control over tax collection and may cause oth...
Madrid Economists Warn of Financial Collapse from Catalonia's Singular Financing
The Madrid College of Economists warns that the proposed singular financing for Catalonia, if approved, would lead to the collapse of the national and regional financial system, due to the agreement between PSOE and Esquerra, which grants Catalonia total control over tax collection and may cause oth...
Progress
60% Bias Score
China Shifts to Unconventional Monetary Policy to Boost Growth
Faced with intensified economic uncertainties and potential US tariff threats, China's top leadership has adopted a more proactive fiscal and moderately loose monetary policy for 2025, potentially involving unconventional measures like direct central bank financing of government spending to achieve ...
China Shifts to Unconventional Monetary Policy to Boost Growth
Faced with intensified economic uncertainties and potential US tariff threats, China's top leadership has adopted a more proactive fiscal and moderately loose monetary policy for 2025, potentially involving unconventional measures like direct central bank financing of government spending to achieve ...
Progress
40% Bias Score
Portugal Calls for EU Spending Rule Revision Amidst Crisis Concerns
Portugal's finance minister is urging the EU to revise its recently adopted spending rules to allow for greater flexibility in handling unforeseen circumstances, such as armed conflicts or climate-related disasters, amid political uncertainty in major EU countries and pressure to meet NATO's defense...
Portugal Calls for EU Spending Rule Revision Amidst Crisis Concerns
Portugal's finance minister is urging the EU to revise its recently adopted spending rules to allow for greater flexibility in handling unforeseen circumstances, such as armed conflicts or climate-related disasters, amid political uncertainty in major EU countries and pressure to meet NATO's defense...
Progress
40% Bias Score
Failed GST Holiday Exposes Tensions Within Canadian Government
Canada's two-month GST holiday cost billions, failed to boost Liberal support, and created tension between Finance Minister Chrystia Freeland and the Prime Minister's Office, jeopardizing Freeland's fiscal credibility and raising concerns about the government's economic management.
Failed GST Holiday Exposes Tensions Within Canadian Government
Canada's two-month GST holiday cost billions, failed to boost Liberal support, and created tension between Finance Minister Chrystia Freeland and the Prime Minister's Office, jeopardizing Freeland's fiscal credibility and raising concerns about the government's economic management.
Progress
64% Bias Score
Mecklenburg-Vorpommern to Adjust Municipal Funding to Prevent Drastic Cuts
Mecklenburg-Vorpommern is adjusting its financial relationship with municipalities to prevent drastic funding fluctuations and ensure fair kindergarten cost distribution. The changes, agreed upon with local government associations, will be legally implemented after further discussions and a January ...
Mecklenburg-Vorpommern to Adjust Municipal Funding to Prevent Drastic Cuts
Mecklenburg-Vorpommern is adjusting its financial relationship with municipalities to prevent drastic funding fluctuations and ensure fair kindergarten cost distribution. The changes, agreed upon with local government associations, will be legally implemented after further discussions and a January ...
Progress
44% Bias Score