Fiscal Policy - Poland's Donald Tusk abandons a costly election promise to increase tax-free personal income [1] - The decision is driven by budget strains due to higher defense spending [1]

Spain’s prime minister has not managed to get a budget through parliament since 2023, and last year he simply ignored the constitutional requirement to present one https://t.co/JZBsUz8BqD ...

South Korea’s Ministry of Economy and Finance may lose its authority to draft budgets as part of reforms planned by the Lee Jae Myung government https://t.co/l7X5BgEZgb ...

The European Commission wants to raise its next budget to €1.8trn ($2.1trn) cumulatively over seven years. The rise feels incommensurate with the multiple crises that Europe is facing. But it is probably as much as it could ask for https://t.co/RYTxqEAgRE ...

South Africa’s National Treasury plans to revamp its 2026 budget-preparation process after political wrangling saw this year’s proposal altered twice https://t.co/gfbyxRi4mf ...

The European Commission wants to raise its next budget to €1.8trn ($2.1trn) cumulatively over seven years. The rise feels incommensurate with the multiple crises that Europe is facing. But it is probably as much as it could ask for https://t.co/LrKe5mVUMS ...

The European Commission wants to raise its next budget to €1.8trn ($2.1trn) cumulatively over seven years. The rise feels incommensurate with the multiple crises that Europe is facing. But it is probably as much as it could ask for https://t.co/PwoHnbU1Ot ...

Budget Allocation - The European Commission proposes a €1.8 trillion (approximately $2.1 trillion) budget over seven years [1] Economic Impact - The proposed budget increase may not fully address the multiple crises Europe is currently facing [1] Political Considerations - The proposed budget likely represents the maximum amount the European Commission believes it can realistically obtain [1]

Crafting a budget for 27 countries stretching from Lapland to Lisbon is a fiddly process. But the ways in which the EU’s money is both raised and spent send important political signals https://t.co/vHazUigAt1 ...

France needs structural reforms, not budget gimmicks, writes @LionelRALaurent (via @opinion) https://t.co/nHVFxWL0VD ...