No more federal budget watchdog in Ottawa as interim PBO’s term expires
The interim parliamentary budget officer's term has expired, leaving Ottawa without a financial watchdog to analyze federal budgets and spending proposals.
A Cold Winter Saved the Wallets and Even the Streets of Emajõelinna
Emajõelinna experienced a relatively mild winter, benefiting local finances and street maintenance.
Healthy finances for energy sovereignty
The article discusses the positive financial results of Mexico's energy sector under President Claudia Sheinbaum's government, highlighting the recovery of public energy companies.
Local Elections in Bavaria: The Financial Crisis of the City of Penzberg: Luxurious Bankruptcy
The city of Penzberg, despite hosting a successful global company, faces a significant financial crisis attributed to mismanagement of finances by local politicians.
Tell us: how are your finances looking ahead of the Spring Forecast?
UK Chancellor Rachel Reeves is set to deliver the Spring Forecast next Tuesday, providing updates on the economy and the government's financial position.
The Government warns of "tensions" in finances starting in April if the budgets are not approved
The Catalan government warns of imminent financial tensions if the 2026 budget is not approved before April, emphasizing the necessity of collaboration with ERC.
The State of the Public Finances - Purra: The Figures are Shocking
Finland's Minister of Finance, Riikka Purra, highlights the alarming projected public deficit of €14.9 billion annually over the next four years and calls for a minimum of €10 billion in corrective measures.
I. Ruginiene - makeup at the expense of the state: it has been revealed how much was spent
Lithuania's Government Office confirmed that 280 euros were spent for makeup services for Prime Minister I. Ruginiene for official events.
Expert: The next government faces a difficult task - billion-euro adjustments must be made as genuine savings
Professor Roope Uusitalo states that Finland's next government will face significant budgetary challenges requiring 8-11 billion euros in genuine savings or revenue increases.
'The Bihar government's treasury is empty,' said Bhai Virendra
Bhai Virendra, a leader of the Rashtriya Janata Dal, claims that the Bihar government's treasury is completely empty, despite the government pretending otherwise and delaying payments to contractors for road and building work.
Chilling estimates from economists about upcoming cuts: 'Vicious circle'
Economists provide alarming forecasts regarding necessary budget cuts in Finland, reflecting skepticism about government growth projections and fiscal strategies.
Kerecis' 40 Billion Payment Turns State Deficit into Surplus
Kerecis is set to make a substantial payment to the Icelandic state, improving the financial outlook by converting a deficit into a surplus.
Coal worth 3 billion PLN has not reached recipients. Mateusz Morawiecki suspected of a crime
Former Prime Minister Mateusz Morawiecki is under investigation for alleged misconduct involving the failure to deliver coal worth 3 billion PLN to recipients, with significant implications for the Polish state finances.
Municipal Finances: This Treatment is Not What the Municipalities Deserve
The article discusses the unmet needs of German municipalities and the government's inadequate response to their financial struggles.
UK reports record-breaking budget surplus of £30.4bn in surprise boost for Rachel Reeves
The UK government has reported a record budget surplus of £30.4 billion for January, driven by increased tax receipts, marking a significant improvement in public finances.
Boost for chancellor as UK public finances see record-breaking surplus of £XXbn
The UK government recorded a historic surplus in January, significantly exceeding expectations and boosting Chancellor Rachel Reeves ahead of her upcoming spring statement.
Jean-Pierre Robin: "France has entered the era of cacocracy, 'the government of bad people'"
Jean-Pierre Robin criticizes the current state of France's public finances, suggesting the country is experiencing poor governance since World War II.
R$ 430 thousand per day: Sorocaba city hall renews contract of R$ 157 million for garbage collection
The city of Sorocaba has renewed a major garbage collection contract worth R$ 157 million for another year, despite previous irregularities identified in the bidding process.
Editorial: The Next Government Will Face a Major Renovation Ahead
The next Finnish government is set to tackle significant infrastructure reforms amid delays in transportation funding and taxation changes.
Municipal Finances: An End to Financial Chaos is in Sight
The district of Freising has successfully completed its first annual financial statement since 2010 after 16 years, marking a significant turnaround in its fiscal management.
The Black Hole of Local Health Authorities: A Flop of 650 Million. The 'Model Region' Falters on Tickets
Emilia-Romagna faces a healthcare budget deficit of nearly 650 million euros despite being known for its high-quality medical services.
Reps direct Accountant-General, Auditor-General to submit four years’ FG financial statements
The Nigerian House of Representatives has directed the Accountant-General and Auditor-General to submit the federal government's consolidated financial statements for the years 2023 to 2025 by October 2026, addressing delays in financial reporting.
The basic component of social assistance for single residents decreases by almost 20 euros in March
In March, the basic component of social assistance for single residents in Finland will be reduced by nearly 20 euros due to cuts in public finances introduced by Prime Minister Petteri Orpo's government.
Now a glimpse of a new pension cut – "Very likely"
Finnish officials discuss the potential for pension cuts as a measure to strengthen public finances, with a focus on modifications to pension index adjustments.
Unstable finances of local governments. The JST income law operates contrary to its assumptions
The article discusses the issues surrounding the local government income law in Poland, as highlighted by the Association of Polish Cities.
Financial Time Bomb, Mistake, or Timely Justice Issue?
The article discusses the contentious financial proposal in Iceland, highlighting various expert opinions on its sustainability and impact on public finances.
Czechs Finally Improved After Inflation - Over 24 Thousand Per Person Monthly
Czechs have seen an improvement in personal finances, averaging over 24,000 Czech Koruna per person monthly after inflation adjustments.
Plus Ultra hired the company of Zapatero's friend while telling Sepi it lacked 48 million in cash
The company Plus Ultra contracted a new firm connected to former Spanish Prime Minister Zapatero while claiming financial distress.
The Government Again Asks the AFA for Explanations About More Than 400 Million Dollars
The Government, through the General Inspection of Justice, has requested further documentation from the AFA regarding the use of 450 million dollars due to dissatisfaction with previously provided information.
Haddad says Bolsonaro 'raped' public accounts and that the opposition will have work to criticize the economy
Finance Minister Fernando Haddad criticized former President Jair Bolsonaro, claiming his administration's fiscal policies severely damaged public finances, and argued that the Workers' Party should leverage this to explain the economic situation inherited from the past government.
Against tax evasion: 2.4 million letters
The Italian government's approach to combating tax evasion is supported by simulations from the Parliamentary Budget Office, predicting significant increases in tax revenue and a decrease in the debt-to-GDP ratio by 2028.
FG vows to halt states’ interference in LGs’ finances
The Federal Government has pledged to stop state governments from interfering with local government finances allocated from the Federation Account.
FG to stop states’ interference in LG finances
The Federal Government has committed to ending state governments' interference in local government finances during a budget appraisal meeting in Abuja.
Assessment of pensions: "Sacred cows will have to be sacrificed"
The government is unlikely to initiate significant changes to pensions, but discussions will continue due to the current state of public finances, according to journalist Olli Kuivaniemi.
Dozens of schools have been closed, and more applications are pending. We have the latest data from the Ministry of Education
Numerous schools have been closed in Poland, with ongoing protests from parents who argue that local authorities prioritize finances over the welfare of children, while officials claim closures are necessary to prevent financial instability for local communities.
Shock spreads – These areas will disappear, only one winner
The government proposal to cut funding for welfare areas has caused outrage among some regions, particularly in Western Uusimaa, which would face significant financial reductions.
The state finances the west rail with 385 million - Kirkkonummi's withdrawal saves about twenty million euros
The Finnish government invests up to 385 million euros in the first phase of the west rail project, with Kirkkonummi's withdrawal from the initiative saving around 18-20 million euros.
Lula also sows doubts about states and municipalities
Brazilian state and municipal finances are under federal oversight due to a long history of fiscal irresponsibility, affecting regional governments' ability to finance their operations.
China pushes to shore up government finances with tax rises on several sectors
China has implemented tax increases in various sectors to bolster government finances following a significant drop in fiscal revenues amid economic challenges.
Inflation: The Surge of Tax Revenues and the Empty Pockets of Taxpayers
The significant inflation affecting Greece is being leveraged by the Mitsotakis government to increase tax revenues, which reached a record 72 billion euros in 2025, largely driven by unfair indirect taxes impacting citizens' finances.
UK borrowing costs drop to lowest level in more than a year
UK borrowing costs have decreased to their lowest point in over a year due to improved government finances and expected interest rate cuts.
Social fraud estimated at 14 billion euros in 2025, amounts recovered still too low
The High Council for Financing Social Protection notes that while social fraud is expected to reach 14 billion euros in 2025, the amount recovered remains insufficient despite enhanced detection efforts.
This year, the Hungarian government sent hundreds of thousands of euros to another unknown organization in southern Slovakia
The Hungarian government has been financially supporting organizations representing Hungarians living abroad, dedicating over 25 million euros in 2025 through various programs to support the Hungarian minority in Slovakia.
A cloistered nun explains who pays the water and electricity bills of the convents: 'You don't receive government subsidies'
A cloistered nun discusses the financial independence of convents, emphasizing that they do not receive government support for their utilities.