Brussels urges the new Fiscal Authority to 'not receive instructions' from the Ministry: 'Spain must ensure compliance with the directive'
The European Commission has urged Spain's new Independent Authority for Fiscal Responsibility (AIReF) to maintain independence from government directives in the appointment of its leadership.
Iran funding emerges as key test for Johnson's razor-thin House majority
The proposed multibillion-dollar funding request by the Trump administration for Iran could be contested by GOP members concerned about increasing budget deficits.
Chicago's teetering debt is stark warning left-wing mayor is fueling 'pay later' doom cycle: expert
Chicago is facing severe financial difficulties under Mayor Brandon Johnson, with a projected billion-dollar budget gap and a fiscal outlook clouded by debt and pension obligations.
Expanding access to MEI is a mistake
The Brazilian Chamber approved urgent consideration of a bill to increase the revenue limit for micro-entrepreneurs, raising concerns about fiscal responsibility.
Green Budget Lawsuit: This Debt Policy is a Tragedy
The Green party in Germany is contemplating a legal challenge against what they perceive as unconstitutional government budget policies, arguing for responsible fiscal management amidst ongoing crises.
The Defense Department led by Pete Hegseth spent $140,000 on donuts
Pete Hegseth's Defense Department allegedly spent exorbitant amounts on non-essential items, including $140,000 on donuts.
TCMPA recommends rejection of the 2024 accounts of the City Hall of Mojuí dos Campos
The Pará Court of Accounts recommends that the City Council of Mojuí dos Campos reject the 2024 financial accounts of former mayor Marco Antonio Machado Lima due to several irregularities.
Misused Debt: A Special Temptation
The Merz government in Germany is facing criticism for misusing special funds that were intended for infrastructure and climate protection, leading to concerns about fiscal responsibility.
City Hall reinforces public servant valorizations policy
The City Hall of Rio das Ostras has resumed the granting of functional progressions for public servants, reflecting its commitment to enhancing their value while maintaining fiscal responsibility.
The legal limit on defense spending is in jeopardy, warns the budget council
The Czech budget council has issued a warning regarding the risk of exceeding the legal limit on defense spending.
The Council of Ministers agrees to propose Inés Olóndriz as president of the Airef
The Spanish Council of Ministers has proposed Inés Olóndriz as the new president of the Independent Authority for Fiscal Responsibility (Airef), pending approval from Congress amid concerns regarding her impartiality.
Why fiscal governance is today's most valuable asset for your company?
The article discusses the evolving role of tax management in corporate governance, highlighting its significance as a crucial component for long-term resilience and viability.
How Many Were Made to Sleep? ⟩ RMK Held a Grand Company Party and Told Employees to Keep Quiet About It
The Estonian State Forest Management Centre (RMK) reportedly held a lavish company party while downsizing its workforce, prompting concerns over fiscal responsibility and employee treatment.
Inappropriate Appointment
The proposed appointment of Inés Olóndriz to head the Airef raises concerns about impartiality in independent institutions due to her prior role in the Ministry of Finance.
Montero proposes her current subordinate, who designed the debt reduction and new funding model, as 'independent' to head the Fiscal Authority.
The Spanish Treasury has proposed Inés Olóndriz to head the Independent Authority for Fiscal Responsibility (AIReF), emphasizing her qualifications and experience.
The Budget Council warns that new European rules will allow Fico's government high deficits without consolidation
Slovakia may meet European budgetary rules even with a deficit of 6% in an election year, raising concerns over fiscal responsibility under new rules.
In the United States, the worrying trajectory of public finances
The Congressional Budget Office (CBO) has raised alarms about the rising national debt and its implications for future deficits and interest payments in the United States.
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.
Leader: Did you really want this to be your legacy, Elisabeth Svantesson?
The article critiques the Swedish Minister of Finance, Elisabeth Svantesson, for departing from traditional fiscal responsibility in favor of extensive financial investments on credit.
Michoacán approves reform that prohibits inheriting debt to future governments
Michoacán has passed a constitutional reform that prevents state governments from contracting debt beyond their six-year term, aiming to put an end to decades of public debt burdens on the population.
F.A.Z. exclusive: The 215 billion risk for younger people
A new analysis suggests that a proposed nursing care reform in Germany could lead to an additional financial burden of €300 billion on future generations, potentially igniting further generational conflicts over fiscal responsibility.
European Monetary Union: Five Reasons Against Eurobonds
The article discusses the arguments against the introduction of Eurobonds in the context of the European Monetary Union, advocating for maintaining fiscal responsibility among member states.
The election year begins with signs that benefits will multiply
Brazil's Congress has approved a proposal to reduce tax rates for certain industries, raising concerns about fiscal responsibility amidst electoral maneuvering.
Editorial: Pension Cuts Are Ahead
The article discusses upcoming pension cuts in Finland due to financial difficulties, highlighting the need for ongoing commitment to fiscal responsibility.
The Minimum Income Only Reaches 20% of Households in Poverty
The Independent Authority for Fiscal Responsibility (Airef) reports that the Minimum Vital Income (IMV) only benefits 20% of households in poverty, suggesting that it could help up to 50% if bureaucratic obstacles are removed.
Radda unveils PPP training for Katsina executive council
Katsina State Governor Dikko Radda has launched a workshop focused on the Public-Private Partnership framework for the Executive Council to promote sustainable development and fiscal responsibility.
AIReF proposes more control of Social Security in light of the increase in workers' medical leave
The Independent Authority for Fiscal Responsibility (AIReF) has called for increased oversight of Social Security regarding the rise in medical leave among workers, linking longer absences to healthcare wait times.
AIReF attributes the increase in medical leave to regulations approved with Sánchez since 2018, waiting lists, and collective agreements
The Independent Authority for Fiscal Responsibility (AIReF) reports that regulations since 2018 under Pedro Sánchez's government, along with collective agreements and overloaded waiting lists, have led to a nearly 60% rise in medical leave cases since 2017.
Ministry of National Economy: Payments on Time - How €1 Billion of Its 2025 Budget Was Spent
The Ministry of National Economy reports timely payments and effective spending of its €1 billion budget for 2025, showcasing fiscal responsibility and benefits for public finances.
Cheerfully Accumulate Debt Without Thinking About Who Will Pay
The article discusses the serious issue of the country's enormous public debt, which costs 70 billion euros annually in interest alone, stressing the need for political dialogue about fiscal responsibility.