New tax reignites tensions within Fico’s fragile coalition
The Financial Transaction Tax introduced in April, charges 0.4% on certain financial transactions and 0.8% on cash withdrawals to help reduce the public finance deficit.
Public finance
With Trump back in power, World Bank walks a tightrope on climate work
The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest shareholder.
France breathes a bit easier as Fitch affirms credit rating
Rating agency keeps negative outlook as “political deadlock and polarization” complicate the government’s effort to tackle debt.
Why sh*t gets real for Keir Starmer in June
A flurry of crucial policy reviews on areas that could define the U.K. prime minister’s government are coming due. POLITICO has you covered.
World fails first review of COP renewable energy goal
A dramatic spending surge is needed to course correct, the International Renewable Energy Agency warned.
EU countries approve first 4.2B payment to Ukraine
The money, part of a €50 billion bundle of grants and loans, will help Ukraine rebuild.
Bulgaria tries saving hospitals from bankruptcy with investment loans [Advocacy Lab Content]
Bulgarian state and municipal hospitals can now take part in a special programme of state loans to save them from bankruptcy and improve their patient services. Specialist staff at one hospital went unpaid for seven months.
Beware risks of voter giveaways to public finances, countries facing elections told
IMF says reduction in national insurance may have made cutting UK national debt more difficultThe International Monetary Fund has issued a strong warning to Britain and other countries facing elections this year to avoid voter giveaways that might pose…