Tag #Public Spending

lexpress.fr
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France Implements Emergency Spending Plan Amid Budgetary Crisis

Facing a budgetary crisis after the rejection of its 2025 budget, the French government implemented a temporary spending plan, allowing ministries to spend within 2024's initial budget limits until a new budget is passed, while freezing most spending and preventing new hires or contracts; this measu...

Progress

36% Bias Score

Reduced Inequality
es.euronews.com
🌐 75% Global Worthiness
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Romania Implements Austerity Measures to Tackle Record Budget Deficit

Romania's Prime Minister Marcel Ciolacu announced new economic measures, including tax increases and public sector salary and pension cuts, aiming to save €26.14 billion by year-end to reduce the country's 8.5% budget deficit—the highest in the EU—to 7% by 2025, sparking protests.

Progress

44% Bias Score

Reduced Inequality
elmundo.es
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Record High Pension Payout in Spain Reaches \u20ac12.97 Billion in December 2024

Spain's Social Security system paid a record \u20ac12.97 billion in contributory pensions in December 2024, a 7.04% increase from December 2023, driven by a 3.8% pension increase for 2024 and reflecting the increasing number of pensioners; 73.1% of this was for retirement pensions.

Progress

44% Bias Score

No Poverty
elmundo.es
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Spain's Economy Booms: Record Public Spending Fuels 0.8% GDP Growth in Q3 2024

Spain's GDP grew 0.8% in Q3 2024, driven by a record 2.5% increase in public consumption and 1.2% rise in household spending, exceeding EU counterparts despite a 1.3% investment drop.

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52% Bias Score

Decent Work and Economic Growth
welt.de
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Hochbahn Faces Criticism Over €194,000 Leadership Conference Spending

Hamburg's Left party criticized Hochbahn's new management for spending nearly €194,000 on a two-day leadership conference in Travemünde, including significant costs for external consultants and executive office renovations, prompting accusations of wasteful spending and a contrast with restrictions ...

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52% Bias Score

Reduced Inequality
welt.de
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Rhineland-Palatinate Budget Debate: Opposition Demands Increased Funding for Municipalities and Infrastructure

The Rhineland-Palatinate state parliament begins a two-day debate on the 2025/26 double budget, with the CDU opposition criticizing the government's plans as insufficient and demanding additional funding for municipalities (€600 million total) and a hardship fund (€200 million total).

Progress

48% Bias Score

Quality Education
fr.euronews.com
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Romania Implements Austerity Measures to Curb Record Budget Deficit

Romania's Prime Minister Marcel Ciolacu announced new economic measures, including tax increases and a public sector salary cap, aiming to reduce the country's 8.5% GDP deficit—the highest in the EU—to 7% by 2025; these measures sparked protests in Bucharest.

Progress

48% Bias Score

Reduced Inequality
zeit.de
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Saxony-Anhalt Imposes Hiring Freeze to Cut €580 Million in Personnel Costs

Saxony-Anhalt will implement a hiring freeze in 2025 and 2026 to save approximately €580 million in personnel costs, a measure addressing high personnel expenses and prompted by significant tax revenue shortfalls, with exceptions for roles like police and teachers.

Progress

40% Bias Score

Reduced Inequality
pt.euronews.com
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Record Space Investment in 2023, but Private Funding Falls

Global public space investment hit a record €106 billion in 2023, with the US holding 64%, China at 12%, and Europe at 11%; however, private investment fell by 32%, and in Europe, defense spending surpassed civil spending for the first time since the 1990s.

Progress

36% Bias Score

Industry, Innovation, and Infrastructure
zeit.de
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Hochbahn Faces Criticism over \"194,000 Leadership Conference Spending

Hamburg's Left party criticized Hochbahn's \"194,000 Euro expenditure on a two-day leadership conference in Travemünde, including \"66,000 Euro for lodging, \"84,000 Euro for external consultants, and additional costs for presentations and materials; Hochbahn denies mismanagement.

Progress

52% Bias Score

Reduced Inequality
welt.de
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Berlin's Cultural Sector Faces €130 Million Budget Cut

Berlin's cultural institutions face significant budget cuts of €130 million in 2024, prompting protests and raising concerns about the future of the city's cultural landscape, with some institutions more severely impacted than others.

Progress

52% Bias Score

Reduced Inequality
theguardian.com
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UK's "Levelling Up" Program Underspends by £8.1 Billion

The UK government's £10.6bn "levelling up" program, intended to reduce regional inequalities, spent only £2.5bn due to inflation, bureaucracy, and a flawed funding process, leading to project delays and shortfalls.

Progress

56% Bias Score

Reduced Inequality