Scope: Greek credit rating stable at BBB with positive outlook – The impact of the energy crisis on the Greek economy
Scope Ratings has confirmed Greece's credit rating at BBB with positive prospects, citing strong fiscal performance and structural support from European institutions as key factors.
Why the War in the Gulf Revives Europe's Worst Nightmares
The energy war in the Gulf threatens to plunge Europe into a significant crisis, potentially with far-reaching fiscal and energy repercussions.
Economist: The government is trying to avert the shock of fuel price spikes and prevent a new economic crisis
The Latvian government is under pressure to implement short-term fiscal measures to mitigate the impact of rising fuel prices on households.
Prime Minister Takichi "Difficult to Answer" vs. Party Leader "Crisis of Democracy" due to Compressed Deliberations
Prime Minister Sanae Takichi refrained from commenting on the shortened deliberation time in the House of Representatives for the 2026 fiscal budget, leading to criticism from opposition leaders about a crisis in democratic processes.
Kobe City Chamber Orchestra Faces Existence Crisis as City Plans to Cut Subsidies by 2027
The Kobe City Chamber Orchestra is facing an existential crisis after the city council announced it will cut subsidies by the end of the 2027 fiscal year, jeopardizing the orchestra's operations.
Municipal Budget 2026: Starnberg Looks into the Financial Abyss
Starnberg faces severe financial issues as expenditures exceed revenues, raising concerns about its fiscal sustainability.
Fitch: Resilient with Caveats Greece - What is the threat from the war in Iran and what is the 'shield'
Fitch Ratings highlights Greece's strong fiscal performance and economic resilience, while warning of challenges from the ongoing Middle Eastern conflict affecting global energy markets.
The country risk, the crisis in the Middle East, and the sustainability of debt
The article discusses Argentina's country risk and its implications for debt sustainability despite recent fiscal surpluses.
The PSOE silences the head of the Fiscal Authority and prevents her from criticizing in Las Cortes the lack of Budgets in the Iran crisis and the pact with Junqueras
The PSOE has prevented Cristina Herrero, the outgoing head of the Fiscal Authority, from presenting her concerns in Las Cortes regarding the economic policies of the government amidst the Iran crisis.
The giant of the automotive world is swaying – CEO: 'Anything can happen'
Nissan faces significant financial losses with a predicted 3.6 billion euro shortfall for the fiscal year, prompting drastic restructuring measures including factory closures and workforce reductions.
Democratic mayoral candidates for Seoul united on the normalization of TBS facing crisis
Democratic candidates for the Seoul mayoralty have expressed their commitment to normalizing TBS, which faces a fiscal crisis due to the cessation of city budget support ahead of the 6/3 local elections.
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.