New warning sign in state accounts
The fiscal results for 2025 indicate a troubling trajectory for the public accounts of Brazilian states, with performance at its worst since 2014.
The varied cantonal flora
Ecuador is facing a crisis stemming from the low productivity of decentralized autonomous governments (GAD), prompting central government reforms requiring better fiscal accountability.
Minas Gerais begins 2026 without cash on hand and has the worst fiscal situation in the country
Minas Gerais starts 2026 with a negative cash balance exceeding R$ 11 billion, making it the state with the worst fiscal condition in Brazil.
Experts from the NBS warn against the Greek path. According to Kamenický, they are harming the state
Experts from the National Bank of Slovakia (NBS) warn that Slovakia's public finance situation is reminiscent of Greece before its crisis, prompting concerns about future fiscal stability.
How will Prime Minister Takaichi's aggressive fiscal policies be held accountable? Experts point out the risks involved
Japan's new cabinet under Prime Minister Takaichi is set to focus on bold and strategic crisis management investments across various sectors, raising concerns about their long-term effectiveness and responsibility.
Fiscal crisis and debt need to take center stage in the campaign
The article discusses the fiscal crisis and debt management under the government of Luiz Inácio Lula da Silva in Brazil, emphasizing the need for these issues to be prioritized in the electoral campaign.
Fiscal Clarity in Rental
Tax measures to curb rising rents in Spain are seen as positive, but adjustments are causing confusion in the rental market.
Debt Brake in the Constitution? An Untimely, Inappropriate, and Essentially Damaging Proposal
The article critiques the proposal for a constitutional debt brake in Greece, deeming it both ill-timed and potentially harmful.
Interest rates, fiscal crisis and absence of policy punish Brazil's industry for four decades
Brazil's industry has faced significant challenges over the last four decades due to high interest rates, fiscal crises, and lack of effective policy.
Sumar pressures for an automatic extension of leases and labels PSOE's fiscal approach as 'cosmetic'
The minority partner Sumar demands automatic lease extensions and dismisses PSOE's fiscal measures as insufficient regarding rising rental prices.
Hyogo Prefecture, struggling financially, designated as "Borrowing Authority" for the first time in 14 years, to control investment projects
Hyogo Prefecture has announced a budget plan for the fiscal year 2026, indicating a return to borrowing status due to financial strain.
Fiscal Crisis
Despite a slightly better than expected GDP report, the public finance data for 2025 reveals a critical situation with a public deficit reaching -4.8% of GDP, yet celebrations are occurring.
Doctrine of TINA in the Constitution?
Greece, having learned from its past financial crises, is considering incorporating a fiscal 'brake' into its Constitution to ensure fiscal discipline and prevent returning to reckless spending.
Insurance Crisis in Mexico: miituo Challenges Rising Premiums with a Model that Bridges the 70% Gap of Unprotected Cars
In a challenging environment marked by inflation and fiscal adjustments, the Mexican auto insurance platform miituo offers a necessary countermeasure by providing accessible coverage to combat the high percentage of unprotected vehicles amidst rising costs.
An economist states clearly the reason for the high tax pressure faced by Spaniards: 'It absorbs many resources'
In a morning talk show, an economist attributed Spain's high tax pressure to significant resource absorption by the state, highlighting the country's ongoing fiscal crisis.
It is time to sound the alarm due to rising fiscal and financial risks
The article discusses the warnings issued by the Bank for International Settlements regarding the dangers of loose monetary policy, excessive debt, high asset prices, and a lack of transparency as potential precursors to a financial crisis, which have been ignored before.