France’s government is fighting for survival over its 2025 budget. Here’s what to know
PARIS — French Prime Minister Francois Bayrou used special executive powers Monday to get the country’s 2025 budget approved without a vote by lawmakers, and […]
government budgets
France braces for a political showdown as the new prime minister seeks to force a budget through
PARIS — Political uncertainty is again looming in France after Prime Minister Francois Bayrou warned that he would use special executive powers this week to […]
Indonesian leader starts working in new capital despite construction work and lack of facilities
PENAJAM PASER UTARA, Indonesia — Outgoing Indonesian President Joko Widodo started work Monday from the new presidential palace in his country’s ambitious new capital, where […]
UK’s new Treasury chief says previous government ‘covered up’ financial turmoil ahead of election
LONDON — LONDON (AP) — Britain’s new Treasury chief is alleging that the previous government covered up the dire state of the nation’s finances, as […]
India’s Modi focuses on jobs creation in first budget after winning polls
NEW DELHI — Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more jobs and […]
Germany seals 2025 budget plan after tense negotiations
German Chancellor Olaf Scholz smiles during a question time on July 3, 2024 at the Bundestag (lower house of parliament) in Berlin. Ralf Hirschberger | […]
German government averts crisis with budget agreement for Europe’s largest economy
The German government has agreed on a budget for 2025 and a stimulus package for Europe’s largest economy, ending a monthslong squabble that threatened to […]
Japan opposition lawmakers bring no-confidence motion accusing gov’t of halting debate over scandal
TOKYO — Outraged Japanese opposition lawmakers submitted a no-confidence motion on Friday, accusing the governing party of trying to push through a budget bill without […]
The EU is providing Ukraine with $54 billion. How will the money be spent?
EU leaders on Thursday sealed a deal to provide Ukraine with 50 billion euros ($54 million) to shore up its war-ravaged economy after Hungary dropped […]
German lawmakers approve contested cuts to farmers’ fuel subsidies and a revamped 2024 budget
German lawmakers have approved cuts to fuel subsidies for farmers that prompted angry protests, along with a 2024 budget the government had to revamp after […]