The Ministry of Finance Proposes a New Financial Equalization Model for Local Governments for Discussion
Latvia's Ministry of Finance has proposed a new financial equalization model for local governments, emphasizing the exclusion of property tax revenues from the system to enhance fiscal autonomy.
Administrative Integration Lacks Financial and Authority Devolution... Is Realizing Local Autonomy Possible?
The newly proposed administrative integration law in South Korea faces criticism for lacking provisions on financial and authority devolution necessary for true local autonomy.
"Independent Europe" against the USA and China is what Macron wants, and he calls for a common European debt aimed at large investments
French President Emmanuel Macron emphasizes the need for Europe to achieve true autonomy in economic competition against the USA and China, advocating for a unified European financial strategy.
Britney Spears is in the money. She sold the rights to her songs
Britney Spears has sold the rights to her music catalog, marking a significant financial move for her career.
Government will have to present 'consistent' justifications for possible cuts in the budget of regulatory agencies
The Federal Court of Accounts has mandated that the federal government provide technical justifications for any potential budget freezes impacting regulatory agencies, with an additional requirement to submit a financial autonomy plan within 180 days.