South Korea’s parliament approves 2024 budget
SEOUL (Reuters) – South Korea’s parliament on Thursday approved increasing next year’s budget by a net 17.9 trillion won to 656.6 trillion won ($503.50 billion). The increase is the smallest…
SEOUL (Reuters) – South Korea’s parliament on Thursday approved increasing next year’s budget by a net 17.9 trillion won to 656.6 trillion won ($503.50 billion). The increase is the smallest…
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s government aims to reduce its budget next fiscal year for the first time in 12 years, highlighting concerns over the massive…
MANILA (Reuters) – Philippines President Ferdinand Marcos Jr has signed into law next year’s record 5.768 trillion pesos ($103.36 billion) budget, which he said details his government’s battle plan to…
ATHENS (Reuters) – Greece approved its 2024 budget on Sunday, forecasting a rise in economic growth to 2.9% from 2.4% this year as a result of robust tourist revenues and…
BERLIN (Reuters) – Germany’s DIW economic institute revised down its growth forecasts for the next two years on Thursday, expecting only a slow recovery from recession for Europe’s largest economy…
BRUSSELS (Reuters) – Germany’s 2024 budget deal could help to unblock talks on the revision of the European Union’s long-term budget to provide money for Ukraine and migration, EU Budget…
By Jan Strupczewski BRUSSELS (Reuters) – European Union leaders are likely to reach a deal on 50 billion euros ($54 billion) for Ukraine this week because it is to come…
BRUSSELS (Reuters) – NATO said on Wednesday that it was increasing its military budget for 2024 by 12% to 2.03 billion euros and its civil budget by 18.2% to 438.1…
By Maria Martinez BERLIN (Reuters) -German Chancellor Olaf Scholz’s three-party coalition announced on Wednesday an agreement on the draft budget for 2024 following weeks of negotiations after a court ruling…
By Maria Martinez BERLIN (Reuters) – Germany’s hastily agreed coalition pact to overcome a legal setback to its budget plans is based mainly on spending cuts that will drag further…
By Maria Martinez BERLIN (Reuters) – German Chancellor Olaf Scholz’s three-way coalition has agreed a budget for next year, after a month of wrangling following a constitutional court ruling that…
By Pawel Florkiewicz, Karol Badohal and Gergely Szakacs WARSAW (Reuters) – Last-minute spending by Poland’s outgoing nationalists since their mid-October election defeat has added to strains on the budget, complicating…
SYDNEY (Reuters) – Australia’s government expects a much improved budget bottom line this year as revenues outpace forecasts, but is resisting calls for more cost-of-living handouts to avoid inflaming inflationary…
WASHINGTON (Reuters) – The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and the highest since March, the…
By Maria Martinez and Andreas Rinke BERLIN (Reuters) – German Chancellor Olaf Scholz, Economy Minister Robert Habeck and Finance Minister Christian Lindner resumed talks on Tuesday to find an agreement…
SYDNEY (Reuters) – Australia’s mid-year budget update will include about A$10 billion ($6.56 billion) in savings, official data showed on Tuesday, as the government looks to cut spending in a…
BERLIN (Reuters) – German Finance Minister Christian Lindner insisted on Friday that EU deficits must be controlled when reforming the bloc’s fiscal rules, a stance analysts said might help his…
Gavin Newsom’s California Has Reached A New Milestone — A $68 Billion Budget Deficit Will Kessler on December 7, 2023 California’s budget deficit has nearly tripled since last year, culminating…
Gavin Newsom’s California Has Reached A New Milestone— A $68 Billion Budget Deficit Ryan Meilstrup on December 7, 2023 California’s budget deficit has nearly tripled since last year, culminating in…
By Giuseppe Fonte ROME (Reuters) – Italy will not accept new European Union budget rules it cannot meet, Economy Minister Giancarlo Giorgetti said, as talks struggle to make progress ahead…
BERLIN (Reuters) – German Chancellor Olaf Scholz said on Monday he expected his coalition government to swiftly come to an agreement on the 2024 budget after a constitutional court ruling…
BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held talks over the weekend to try to agree a budget for 2024 after…
By Christoph Steitz and Tilman Blasshofer FRANKFURT (Reuters) – Germany’s budget crisis has dealt another blow to an already battered economy, the president of the ZEW economic research institute said…
(Reuters) – Canada’s main oil-producing province Alberta on Thursday forecast an increased surplus of C$5.5 billion ($4.06 billion) for the 2023/24 fiscal year, fuelled by strong bitumen royalties and higher…