Tag #Public Finance

Showing 97 to 104 of 104 results

lemonde.fr
🌐 85% Global Worthiness
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Moody's Downgrade Exacerbates France's Debt Crisis

Moody's downgraded France's credit rating on December 13th, 2024, the day François Bayrou became Prime Minister, increasing concerns about France's debt, projected to reach 120% of GDP by 2027, and potentially making debt repayment the top budget item by 2025; public anxiety about this has tripled s...

Progress

52% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
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Frankfurt Approves Controversial €1.6 Billion Theater Project Despite Cost Concerns

Frankfurt will build a new theater and opera house at the 'Kulturmeile' location for approximately €1.6 billion, €300 million more than a comparable alternative, despite lacking a complete cost analysis and facing criticism over its opaque financial dealings and lack of state support.

Progress

56% Bias Score

Responsible Consumption and Production
elmundo.es
🌐 65% Global Worthiness
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Euskotren's Ecuadorian Debt Pursuit: \$21,550 Annual Cost for Unpaid \$7.7 Million

Euskotren, a Basque public transport company, maintains an inactive office in Cuenca, Ecuador since 2017 to recover a \$7.7 million debt from the city council, stemming from a failed tram project; despite annual losses and lack of progress, the company invests \$21,550 yearly to pursue the debt.

Progress

40% Bias Score

Reduced Inequality
foxnews.com
🌐 75% Global Worthiness
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California Unemployment System Faces $20 Billion Debt, Requires Redesign

California's unemployment insurance system faces a $20 billion federal loan and a projected $2 billion annual deficit, necessitating a complete redesign due to outdated funding mechanisms and the impact of the COVID-19 pandemic.

Progress

48% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greece Allocates €200 Million to Subsidize Municipal Water Companies' Electricity Bills

The Greek government will provide a €200 million subsidy from the Energy Transition Fund to cover overdue electricity bills for municipal water and sewage companies, with a higher percentage for those merging or expanding service areas by specific deadlines.

Progress

36% Bias Score

Affordable and Clean Energy
zeit.de
🌐 75% Global Worthiness
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Bavaria Increases BayernLB Stake to Meet EU Banking Rules

To meet European banking regulations, Bavaria will raise its stake in BayernLB from 75% to over 80%, converting a €1.7 billion silent contribution into core capital, a move that avoids further capital injections unlike in Hessen.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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OECD Report Critiques Greece's Inefficient Tax System

The OECD report criticizes Greece's tax system for its inefficiency despite high tax revenue, suggesting that overtaxation of labor and consumption hinders economic growth and contributes to the shadow economy, while recommending targeted tax cuts and policies to increase labor force participation.

Progress

52% Bias Score

Reduced Inequality
zeit.de
🌐 25% Global Worthiness
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Brandenburg MPs Debate Automatic Salary Increases

Debate erupts in Brandenburg state parliament over automatic salary increases for its members, with various political parties expressing differing views on the matter and the need for a potential new regulation.

Progress

32% Bias Score

Showing 97 to 104 of 104 results