The European Fee has ready a report underneath the extreme deficit process for 12 Member States to evaluate their compliance with the deficit criterion of the Treaty: Belgium, Czech Republic, Estonia, Spain, France, Italy, Hungary, Malta, Poland , Slovenia, Slovakia and Finland. On this evaluation, the Fee takes into consideration the related components introduced by … Read more
The EC said {that a} comparable process is deliberate to start in relation to France, Italy, Belgium and various different international locations. On the identical time, share costs on the London Inventory Change rose as printed statistics pointed to a pointy decline in inflation. Annual UK inflation fell to 2% in Could from 2.3% in … Read more
In line with the Nationwide Audit Workplace, bills for Estonia have elevated since 2017 from 1.35 billion euros to 4.03 billion euros, for Latvia – from 1.97 billion euros to 9.59 billion euros, and for Lithuania – from 2.47 billion euros to 10.23 billion euros. The report notes that the primary dangers of the challenge … Read more
In line with the state power firm, energy outages in Cuba attain 38% of the nation. This is without doubt one of the highest figures for the reason that starting of the yr, when the deficit reached 40%, in line with UNE’s each day experiences. This comes within the midst of the state-owned firm’s deliberate … Read more
Managed emergency energy outages occurred all through Ukraine on Tuesday, Might 14, brought on by a major vitality deficit within the system and a rise in electrical energy consumption within the night hours on account of chilly climate. A message regarding this was printed within the Telegram channel of the Ukrainian nationwide vitality techniques operator … Read more
On April 30 of this year, the Cabinet of Ministers instructed the Ministry of Finance to prepare and submit to the Cabinet of Ministers, by September 12, 2024, amendments to the law on fiscal discipline (LDL), which increase the maximum permissible structural deficit from 0.5% of gross domestic product (GDP) to 1 % of GDP. … Read more
American economist David Sachs assessed the effectiveness of the new US aid package for Ukraine. He shared his thoughts on April 21 on the social network X (formerly Twitter). “Based on simple math, the new funding bill, widely seen as Ukraine’s bailout, will buy exactly half of the summer counteroffensive,” Sachs wrote. American billionaire and … Read more
2023-12-18 08:31:50 The Indian government is likely to achieve its fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad said on Monday. India’s fiscal deficit in the first seven months of the financial year ending on March 31, 2024 was Rs 8.04 lakh crore … Read more