Tag #Social Spending

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lexpress.fr

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Sep 18, 13:19

Widespread Protests in France over Economic Policies

On Thursday, approximately 20,000 people participated in nearly 400 protests across France, demonstrating against the government's economic policies, including austerity measures and the controversial pension reform.

Widespread Protests in France over Economic Policies

On Thursday, approximately 20,000 people participated in nearly 400 protests across France, demonstrating against the government's economic policies, including austerity measures and the controversial pension reform.

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How have the government's recent attempts at appeasement affected the protests?

The new Prime Minister's attempts to appease protesters by abandoning unpopular measures, such as eliminating two public holidays and lifetime benefits for former prime ministers, failed to quell the demonstrations. The protests continue, fueled by opposition to further cuts to unemployment benefits and social welfare programs, alongside broader concerns over tax policies and the pension reform.

lefigaro.fr

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Aug 30, 19:15

French Socialist Party Unveils Budget Plan with €21.7 Billion Deficit Reduction

The French Socialist Party (PS) presented a budget plan aiming for a €21.7 billion deficit reduction by 2024, including measures targeting corporate tax loopholes, wealth taxes, and healthcare spending, while also boosting purchasing power.

French Socialist Party Unveils Budget Plan with €21.7 Billion Deficit Reduction

The French Socialist Party (PS) presented a budget plan aiming for a €21.7 billion deficit reduction by 2024, including measures targeting corporate tax loopholes, wealth taxes, and healthcare spending, while also boosting purchasing power.

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How does the Socialist Party plan to generate additional revenue to fund its budget proposals?

The PS aims to raise €26.9 billion through various tax measures. A key proposal is the "Zucman tax," imposing a minimum 2% tax on assets exceeding €100 million, expected to yield €15 billion. Further revenue will come from corporate tax reforms (€3.8 billion), anti-fraud measures (€3.2 billion), and taxes on large inheritances, tech companies, and ultra-processed foods.

elpais.com

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Aug 21, 07:23

Argentina's Opposition Defeats Milei's Vetoes on Key Spending Bills

Argentina's Chamber of Deputies overrode President Javier Milei's vetoes on increased disability care funding (172-73), retirement pension increases (160-83), and the automatic distribution of the ATN fund to provinces (143-90), showcasing a united opposition against his fiscal policies.

Argentina's Opposition Defeats Milei's Vetoes on Key Spending Bills

Argentina's Chamber of Deputies overrode President Javier Milei's vetoes on increased disability care funding (172-73), retirement pension increases (160-83), and the automatic distribution of the ATN fund to provinces (143-90), showcasing a united opposition against his fiscal policies.

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What immediate impact did the opposition's successful override of President Milei's vetoes have on the allocation of funds for disability care and provincial resources in Argentina?

Argentina's Chamber of Deputies, with votes from various opposition parties, overrode President Javier Milei's vetoes on two key bills. One increased the budget for disability care; the other redistributed national treasury funds to provinces. This signifies a significant setback for Milei's administration.

welt.de

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Aug 3, 10:12

German Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase, with 5.5 million recipients; €24.7 billion went to German citizens and €22.2 billion to non-citizens.

German Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase, with 5.5 million recipients; €24.7 billion went to German citizens and €22.2 billion to non-citizens.

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What is the overall impact of the increase in Bürgergeld payments in 2024, and what are the implications for Germany's social welfare system?

Germany's Bürgergeld (social welfare) payments rose by €4 billion to €46.9 billion in 2024, with 5.5 million recipients. €24.7 billion (52.6%) went to German citizens, and €22.2 billion (47.4%) to non-citizens, similar to the previous year.

theglobeandmail.com

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Jul 16, 16:16

Unpaid Taxes and Business Subsidies in Canada

Canadian businesses owe tens of billions in unpaid taxes while receiving substantial government subsidies, which have increased 140 percent federally since 2014, prompting debate over the need for further tax breaks.

Unpaid Taxes and Business Subsidies in Canada

Canadian businesses owe tens of billions in unpaid taxes while receiving substantial government subsidies, which have increased 140 percent federally since 2014, prompting debate over the need for further tax breaks.

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What are the potential long-term fiscal and social ramifications of continuing to prioritize business subsidies over social spending in Canada?

Continued pressure for tax cuts risks exacerbating existing fiscal imbalances and widening the gap between business support and social investment in Canada. This could lead to increased public debt, reduced social services, and further strain on public resources.

dw.com

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Jul 14, 13:18

Poland's Debt Crisis: Echoing Greece's Path

Klaus Bachmann's Berliner Zeitung article warns of a potential Polish financial crisis, blaming the ruling party's expansive social programs for unsustainable debt growth and reduced public services, highlighting Poland's vulnerability outside the eurozone.

Poland's Debt Crisis: Echoing Greece's Path

Klaus Bachmann's Berliner Zeitung article warns of a potential Polish financial crisis, blaming the ruling party's expansive social programs for unsustainable debt growth and reduced public services, highlighting Poland's vulnerability outside the eurozone.

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What are the primary factors contributing to Poland's escalating national debt and its resemblance to the Greek financial crisis?

Poland's generous child benefit program, introduced in 2015 and expanded in 2019, has led to a surge in social spending and increased national debt, mirroring Greece's pre-crisis trajectory. This, coupled with reduced public services, has created a financial vulnerability.

zeit.de

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Sep 14, 07:15

German Counties Face Funding Crisis Amidst Social Welfare Costs

Rising social welfare and personnel costs in several Hessian counties are pushing them to the brink of insolvency, prompting calls for federal and state government intervention and reform of social welfare programs.

German Counties Face Funding Crisis Amidst Social Welfare Costs

Rising social welfare and personnel costs in several Hessian counties are pushing them to the brink of insolvency, prompting calls for federal and state government intervention and reform of social welfare programs.

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What are the main factors driving the increase in social welfare expenditures in Hessian counties?

The rising costs are attributed to several factors: expanded eligibility (including Ukrainian refugees), increased standards in child and youth welfare, higher caseloads, and rising care costs. These increases are largely due to federal social legislation setting and expanding standards, as stated by Bergstraße County.

welt.de

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Aug 24, 19:18

German SPD Rejects Merz's Call for Social Spending Cuts

SPD youth leader Philipp Türmer rejected Chancellor Friedrich Merz's call for social spending cuts and urged him to better understand the realities faced by welfare recipients, highlighting divisions within the German government on economic policy.

German SPD Rejects Merz's Call for Social Spending Cuts

SPD youth leader Philipp Türmer rejected Chancellor Friedrich Merz's call for social spending cuts and urged him to better understand the realities faced by welfare recipients, highlighting divisions within the German government on economic policy.

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How do the differing viewpoints on social welfare reform reflect broader political divisions and challenges facing the German government?

Merz's advice to the SPD to become more critical of migration and more industry-friendly, coupled with his call for social welfare reform, reflects a broader political debate on Germany's economic and social policies. Türmer's rejection highlights the deep divisions within German politics regarding the appropriate role of the social state and the management of budgetary constraints. The SPD's response underscores the challenges facing the governing coalition in balancing fiscal responsibility with social justice.

zeit.de

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Aug 3, 19:17

Germany's Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase, with 5.5 million recipients; €24.7 billion went to German citizens and €22.2 billion to non-citizens, including approximately €6.3 billion to Ukrainian refugees.

Germany's Bürgergeld Payments Surge to €46.9 Billion in 2024

Germany's 2024 Bürgergeld payments totaled €46.9 billion, a €4 billion increase, with 5.5 million recipients; €24.7 billion went to German citizens and €22.2 billion to non-citizens, including approximately €6.3 billion to Ukrainian refugees.

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What are the key factors contributing to the substantial increase in Germany's Bürgergeld payments in 2024?

Germany's Bürgergeld (social welfare) payments surged to €46.9 billion in 2024, a €4 billion increase. Approximately 5.5 million people received benefits, including 4 million of working age. €24.7 billion (52.6%) went to German citizens, and €22.2 billion (47.4%) to non-citizens.

zeit.de

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Jul 30, 10:15

Record €24.8 Billion Deficit Cripples German Municipalities

German municipalities recorded a €24.8 billion deficit in 2024, three times higher than in 2023, primarily due to increased social spending (€85 billion) and personnel costs (doubled in 10 years), despite a 5 percentage point revenue increase. The Bertelsmann Stiftung highlights insufficient federal...

Record €24.8 Billion Deficit Cripples German Municipalities

German municipalities recorded a €24.8 billion deficit in 2024, three times higher than in 2023, primarily due to increased social spending (€85 billion) and personnel costs (doubled in 10 years), despite a 5 percentage point revenue increase. The Bertelsmann Stiftung highlights insufficient federal...

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What is the primary cause of the record €24.8 billion deficit in German municipalities in 2024, and what are its immediate consequences?

German municipalities faced a record deficit of €24.8 billion in 2024, driven by rising social spending and personnel costs, according to the Bertelsmann Stiftung's Kommunaler Finanzreport 2025. This is three times higher than the deficit in 2023, marking a significant reversal from a decade of surpluses. The increase in spending, up 10 percentage points, outpaced revenue growth of 5 percentage points.

liberation.fr

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Jul 15, 22:11

France to Cut Healthcare Spending Amid Growing Deficit

The French government announced €5 billion in social spending cuts to address a €13.8 billion health insurance deficit in 2024, including raising the annual patient contribution for medications to €100 and revising the long-term illness (ALD) status.

France to Cut Healthcare Spending Amid Growing Deficit

The French government announced €5 billion in social spending cuts to address a €13.8 billion health insurance deficit in 2024, including raising the annual patient contribution for medications to €100 and revising the long-term illness (ALD) status.

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How will the proposed changes to the long-term illness (ALD) status affect healthcare access and costs for French citizens, and what are the underlying reasons for these changes?

The French government aims to curb rising healthcare costs by raising the annual out-of-pocket maximum for medications to €100, impacting patient access to care, particularly for vulnerable populations. Additionally, they propose revising the long-term illness (ALD) status, potentially reducing 100% coverage for unrelated medications.

welt.de

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Jul 6, 19:13

Germany Approves €850 Billion in New Debt, Prioritizing Social Spending

Germany's Finance Minister Lars Klingbeil presented a budget including €850 billion in new debt until 2029, prioritizing social spending over economic investments despite warnings from economists about the risk to the country's economic growth.

Germany Approves €850 Billion in New Debt, Prioritizing Social Spending

Germany's Finance Minister Lars Klingbeil presented a budget including €850 billion in new debt until 2029, prioritizing social spending over economic investments despite warnings from economists about the risk to the country's economic growth.

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How do the budget's social spending priorities align with pre-election promises and the warnings of economists regarding the relaxation of the debt brake?

The budget reflects a prioritization of social spending, increasing annual expenditures to almost €220 billion by 2029. This allocation, despite warnings from economists, counters efforts to stimulate economic growth and risks exacerbating Germany's economic slowdown. The increase in social spending outpaces investments, further straining the nation's finances.

Showing 1 to 12 of 24 results