Spain fines 'abusive' budget airlines 179 mn euros
Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million) for "abusive practices" such as charging passengers…
Tag
Budget
Man Group plans job cuts as it reviews budget, talent needs
MAN Group is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing needs. Chief executive officer Robyn Grew told staff the firm is…
Bank of England to cut rates in decision that will be overshadowed by budget, Trump
THE Bank of England (BOE) is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by the fallout from the UK budget and Donald Trump’s…
Israeli budget hikes military spending, VAT, cuts social services
The Israeli government on Friday approved higher military spending and cuts in education, health and social services in a draft budget for 2025. The draft, which still needs parliamentary…
Reeves Puts Bond Market Over UK Ministers in High-Risk Budget
(Bloomberg) -- Rachel Reeves’ first challenge when it comes to delivering a delicately balanced UK budget at the end of the month is winning over an increasingly mutinous Labour Party.…
Italy approves tight budget partly funded by a levy on banks and insurers
ROME (AP) — Italy’s far-right government has approved a budget for next year of about 30 billion euros ($33 billion), which officials say will be partly funded by a levy on Italian banks…
Italy to Tap Banks, Insurers for €3.5 Billion in Budget Plan
(Bloomberg) -- Prime Minister Giorgia Meloni’s cabinet is tapping Italy’s banks and insurers to help finance its budget, according to a new plan designed to deliver on giveaways pledged to…
France's budget battle: Why the government's plan to plug the deficit is sparking an outcry
PARIS (AP) — France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficit.…
Rajasthan CM Sharma asks officials to expedite projects announced in Budget
He directed officials to complete the initiatives announced in the budget on priority. 1 min read Last Updated : Oct 12 2024 | 11:00 PM IST Rajasthan Chief Minister Bhajan Lal Sharma on…
France's new government launches austerity budget
France's new centre-right government, led by Prime Minister Michel Barnier, has introduced an austerity budget aimed at addressing the high national debt. According to an explanation…
France's debt weighs heavier ahead of budget debate
France's vast public debt pile grew in the second quarter, official figures showed Friday, as Prime Minister Michel Barnier's shaky minority government girds itself for a gruelling budget…
Petro to Skirt Colombian Congress and Issue 2025 Budget by Decree
(Bloomberg) -- Colombia’s government will skirt congress and take the unprecedented step of issuing its 2025 budget by decree. Most Read from Bloomberg The administration of President…
French Caretaker Government Readies Stable Budget for Next Year
(Bloomberg) -- France’s caretaker government is preparing a stable budget for next year that would help the country meet a target to narrow its deficit below 3% of economic output by 2027,…
German coalition leaders agree new compromise on 2025 budget
The leaders of Germany's coalition government have agreed to a new compromise on the 2025 budget, a government spokesman said in Berlin on Friday. The new agreement - one month after…
German Cabinet passes 2025 budget, hailing 'economic turnaround'
Germany's Cabinet on Wednesday finalized the 2025 budget after weeks of wrangling, sending the €480.6 billion ($526 billion) package to parliament for approval. The budget has been the…