IMF urges France to rein in public spending and accelerate fiscal consolidation
In assessment of the country, the Fund noted that France's public spending reached the highest level in the euro area.
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Spanish Government diverted another €8.5 billion in EU funds to pay for pensions and social spending
The government has not clarified another €3 billion for civil servants' pensions in 2025 that may have been funded the same way.
German Government denies it misspent 95 per cent of record investment package
Germany’s finance ministry has countered claims by leading economists who accused the government of having misspent most of a debt-financed “special fund”…
Ifo institute: German government misappropriated 95 per cent of new debt for infrastructure
According to a new analysis by the ifo Institute, one of Germany's most respected economic research organisations, 95 per cent of the €24.
Overspending blows multi-billion-euro hole in French budget
France is facing "a serious slippage in public finances" over a €16 billion spending increase, ministers in the country have warned.
France’s left-wing alliance measures may cost ‘€100 billion in 2025’
France's left-wing alliance New Popular Front made campaign promises ahead of the snap general elections that could cost an estimated €100 billion in 2025.
Big spender Brussels ‘on its way to 300 per cent debt’
The Brussels-Capital Region risks being mired in enormous debt, according to a study by the University of Namur.