The government grants some welfare areas additional time to cover deficits until 2029
The Finnish government has extended the deadline for certain welfare areas to address their budget deficits until 2029, up from the original deadline of 2028.
These areas are threatened by the feared procedure
At least 13 regions in Finland are seeking additional time to cover accumulated deficits, with some facing restrictions on their decision-making authority due to financial challenges.
Global Debt: Record at $348 trillion – Explosive increase driven by government deficits
Global debt has surged to a record $348 trillion by the end of 2025, marking the fastest rise since the pandemic, primarily due to increased government deficits.
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.
An administrator takes charge of the military social security, which has a huge debt and cuts in benefits
Colonel Ariel Guzmán has been appointed to manage the military social security amid significant debt and operational deficits.
The consolidation that changes shape
Mexico's fiscal discussion is entering a new phase with a focus on consolidation to reduce deficits and stabilize debt, amidst rising investments in infrastructure.
Germany Blog: DIW President Anticipates VAT Increase to 21 Percent
Marcel Fratzscher, the President of the German Institute for Economic Research, expects the German government to raise the VAT to 21 percent to fill budget gaps.
The judiciary sees "deficits of legal security" in the government's social media law, which was not sent to the State Council
Spain's judiciary has criticized the government's social media law for lacking legal precision and security, particularly in its age restrictions for social media access.
Federal government reinforces national plan against the risk of forest fires due to drought in Mexico
The Mexican federal government has activated a preventive strategy for the 2026 forest fire season in response to drought forecasts and rain deficits across the north and central regions of the country.
Company News Filter: The Government Wants Back Money from the Slayády, but Seller Laca Likely Won't Lose Anything
The Slovak government is struggling with public finance consolidation while failing to effectively cut deficits and lower tax revenue, despite a paradoxical rise in domestic arms exports.
Rising Social Contributions: A Real Tax Relief Would Be Just
The article discusses the promised tax relief by the government amid rising social contributions and significant budget deficits, questioning the credibility of these promises.