UK Chancellor Considers Deeper Spending Cuts Amid Market Turmoil
Facing increased borrowing costs and a potential breach of fiscal rules due to global market volatility, UK Chancellor Rachel Reeves is considering deeper public spending cuts, potentially announcing measures in a spring statement; the government insists markets are "orderly" and rules are "non-nego...
UK Chancellor Considers Deeper Spending Cuts Amid Market Turmoil
Facing increased borrowing costs and a potential breach of fiscal rules due to global market volatility, UK Chancellor Rachel Reeves is considering deeper public spending cuts, potentially announcing measures in a spring statement; the government insists markets are "orderly" and rules are "non-nego...
Progress
56% Bias Score
Greek Audit Reveals Systemic Flaws in EU Recovery Fund Management
A Greek government audit found systematic flaws in managing the EU Recovery and Resilience Fund, causing delays in payment requests (the 4th was a year late, submitted June 2024; the 5th, submitted December 2024, was also delayed). Five issues were identified: inadequate schedules, poor monitoring, ...
Greek Audit Reveals Systemic Flaws in EU Recovery Fund Management
A Greek government audit found systematic flaws in managing the EU Recovery and Resilience Fund, causing delays in payment requests (the 4th was a year late, submitted June 2024; the 5th, submitted December 2024, was also delayed). Five issues were identified: inadequate schedules, poor monitoring, ...
Progress
28% Bias Score
French Court Proposes €2.7 Billion in Spending Cuts for 2025
The French Court of Auditors proposed 12 cost-cutting measures totaling €2.7 billion in savings for 2025, targeting areas such as apprentice hiring incentives and ecological bonuses, to reduce France's public deficit below 5.5% of GDP.
French Court Proposes €2.7 Billion in Spending Cuts for 2025
The French Court of Auditors proposed 12 cost-cutting measures totaling €2.7 billion in savings for 2025, targeting areas such as apprentice hiring incentives and ecological bonuses, to reduce France's public deficit below 5.5% of GDP.
Progress
48% Bias Score
Spain's Economic Growth Fails to Meet Deficit Reduction Targets
Spain's robust economy is expected to continue leading European growth in 2024; however, S&P Global Ratings forecasts a 2.9% deficit, exceeding the government's 2.5% target for 2025, due to increased public spending and without additional measures.
Spain's Economic Growth Fails to Meet Deficit Reduction Targets
Spain's robust economy is expected to continue leading European growth in 2024; however, S&P Global Ratings forecasts a 2.9% deficit, exceeding the government's 2.5% target for 2025, due to increased public spending and without additional measures.
Progress
40% Bias Score
Circular Quay Redevelopment: $170 Million Spent, Nothing to Show
Despite $170 million spent over nine years, Sydney's Circular Quay redevelopment remains stalled due to planning issues, conflicting agencies, and the Cahill Expressway's presence, prompting public frustration and questioning government efficiency.
Circular Quay Redevelopment: $170 Million Spent, Nothing to Show
Despite $170 million spent over nine years, Sydney's Circular Quay redevelopment remains stalled due to planning issues, conflicting agencies, and the Cahill Expressway's presence, prompting public frustration and questioning government efficiency.
Progress
68% Bias Score
French Local Governments Cancel New Year's Events to Protest Budget Cuts
Facing government demands for €6.5 billion in budget cuts, numerous French local governments, including Rouen Normandy Metropolis and several Île-de-France departments, are canceling traditional New Year's greetings ceremonies, saving small sums but protesting austerity measures.
French Local Governments Cancel New Year's Events to Protest Budget Cuts
Facing government demands for €6.5 billion in budget cuts, numerous French local governments, including Rouen Normandy Metropolis and several Île-de-France departments, are canceling traditional New Year's greetings ceremonies, saving small sums but protesting austerity measures.
Progress
32% Bias Score
€25 Billion Deficit Cripples German Municipalities
German municipalities face a €25 billion deficit in 2023, a threefold increase from 2022, primarily due to rising personnel and social costs, underfunded national programs, and increasing investment backlog.
€25 Billion Deficit Cripples German Municipalities
German municipalities face a €25 billion deficit in 2023, a threefold increase from 2022, primarily due to rising personnel and social costs, underfunded national programs, and increasing investment backlog.
Progress
44% Bias Score
€25 Billion Deficit Cripples German Municipalities
German municipalities are facing a €25 billion deficit in 2023, a threefold increase from the previous year, due to rising personnel and social costs, inflation, and interest payments, placing a strain on municipal operations and investments.
€25 Billion Deficit Cripples German Municipalities
German municipalities are facing a €25 billion deficit in 2023, a threefold increase from the previous year, due to rising personnel and social costs, inflation, and interest payments, placing a strain on municipal operations and investments.
Progress
52% Bias Score
Austria Faces EU Sanctions Over Public Spending
Austria faces potential EU sanctions for exceeding public spending limits (2024-2026), requiring a credible spending-cut plan by January 21st to avoid penalties and possible inclusion alongside heavily indebted nations like Italy and France. The deadline's success depends on the new coalition govern...
Austria Faces EU Sanctions Over Public Spending
Austria faces potential EU sanctions for exceeding public spending limits (2024-2026), requiring a credible spending-cut plan by January 21st to avoid penalties and possible inclusion alongside heavily indebted nations like Italy and France. The deadline's success depends on the new coalition govern...
Progress
60% Bias Score
French Court Proposes €2.7 Billion in Deficit Reduction Measures
The French Court of Auditors proposed twelve measures to reduce the 2025 public deficit by €2.7 billion, targeting spending on Covid-19 and inflation-related aid, with further reviews planned for 2025.
French Court Proposes €2.7 Billion in Deficit Reduction Measures
The French Court of Auditors proposed twelve measures to reduce the 2025 public deficit by €2.7 billion, targeting spending on Covid-19 and inflation-related aid, with further reviews planned for 2025.
Progress
44% Bias Score
£100 Million Spent Repairing Scotland's Aging Ferry Fleet
Almost £100 million has been spent on repairs for eight of Scotland's largest publicly owned ferries over the past decade, adding to the controversy surrounding the country's ferry fiasco and causing major transport disruption. The MV Caledonian Isles alone cost over £22 million to repair.
£100 Million Spent Repairing Scotland's Aging Ferry Fleet
Almost £100 million has been spent on repairs for eight of Scotland's largest publicly owned ferries over the past decade, adding to the controversy surrounding the country's ferry fiasco and causing major transport disruption. The MV Caledonian Isles alone cost over £22 million to repair.
Progress
48% Bias Score
Bremen to Review School Construction Standards to Cut Costs
Bremen's Senator for Construction, Christian Gaebler, wants to review school construction standards to reduce costs, focusing on aspects like room sizes, movement space, and the number of teacher rooms in compartment schools, aiming for a more flexible guideline in 2024.
Bremen to Review School Construction Standards to Cut Costs
Bremen's Senator for Construction, Christian Gaebler, wants to review school construction standards to reduce costs, focusing on aspects like room sizes, movement space, and the number of teacher rooms in compartment schools, aiming for a more flexible guideline in 2024.
Progress
48% Bias Score