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Keywords: Budget
Germany is facing increasing financial pressure after the country’s council of tax experts lowered its forecast for tax revenues between 2026 and 2030. The revised estimates are expected to place additional strain on the federal budget at a time when the government is already dealing with slower......
NATO member states should reach the alliance’s target of spending 5% of gross domestic product (GDP) on defence by 2030, five years earlier than currently planned, according to Poland’s defence minister Wladyslaw Kosiniak-Kamysz. Speaking at a defence conference in Warsaw, he warned that......
Uber’s chief technology officer has revealed that the ride‑hailing giant’s rapid rollout of AI coding tools, particularly Anthropic’s Claude Code, has forced the company to revisit its 2026 artificial‑intelligence budget after spending more than planned in just a few months. Praveen......
The government of the United Kingdom has decided to continue with the deployment of Ajax armoured vehicles following a safety review, despite earlier concerns over technical problems and soldier welfare during trials. Defence Readiness Minister Luke Pollard confirmed that limited testing of the vehicles......
Hungary and the European Commission are preparing to hold high-level discussions aimed at releasing billions of euros in funding that have been frozen over concerns related to rule-of-law standards. The talks will involve European Commission President Ursula von der Leyen and Hungary’s incoming......
Italy has urged the European Commission to allow greater flexibility in budget rules so that energy-related spending can be treated similarly to defence expenditures. The proposal reflects mounting pressure on European governments to address rising energy costs affecting households and businesses. Italian......
Former head of France’s Court of Auditors and current member of the European Court of Auditors, Pierre Moscovici, has warned that France has exhausted its fiscal flexibility amid rising energy prices linked to the ongoing Middle East conflict. In an interview, Moscovici stressed that the country......
Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......
Libya has taken a significant step toward economic and political unity after its rival legislative bodies approved the country’s first unified state budget in more than a decade. According to official statements, both the House of Representatives and the High Council of State endorsed the new......