Government spending: Five-year high in the first quarter
China’s government spending rose by 2.6% to ¥7.47 trillion from January to April, reaching its highest level in five years.
By Ning Wang
China’s government spending rose by 2.6% to ¥7.47 trillion from January to April, reaching its highest level in five years.
By Ning Wang
Two procurement projects were not approved by the Budget Committee on Wednesday. The amendment agreement for Essor would need to be approved at the next meeting, parliamentary sources say.
By Gabriel Bub
The European Parliament’s budget committee wants to increase the multiannual financial framework to 1.27% of gross national income. However, their bargaining power vis-à-vis the member states is limited.
By János Allenbach-Ammann
Economic think tanks are criticizing the use of funds from the special fund. Whether money earmarked for climate investments has also been misappropriated is a matter of debate.
By Malte Kreutzfeldt
Beijing wants to stimulate the economy with a “proactive fiscal policy.” The 15th Five-Year Plan relies on a range of instruments. The public budget is climbing to a record high.
By Marcel Grzanna
After months of arduous negotiations, the approval of France’s national budget on Monday evening has granted President Emmanuel Macron a brief – if fragile – window of political stability, brokered by Prime Minister Sébastien Lecornu.
By Claire Stam
The federal states insist on having a say in the distribution of EU cohesion funds. They have allies in the European Parliament and the Council.
By Till Hoppe
The Brussels region is sitting on a mountain of debt, has a high deficit, no new government and no budget for 2026. Two banks want to suspend their credit lines at the end of the year.
By Stephan Israel
On Monday, Commission President Ursula von der Leyen, Parliament President Roberta Metsola and the Danish Council Presidency will meet in order to avoid an escalation of the conflict over the EU's multiannual financial framework.
By János Allenbach-Ammann and Julia Dahm