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Germany’s strict constitutional debt rule faces an overhaul after a shock court ruling blew a hole in the budget and left the government scrambling...
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Germany’s strict constitutional debt rule faces an overhaul after a shock court ruling blew a hole in the budget and left the government scrambling...
The UK’s defence department is facing a £16.9 billion ($21.4 billion) shortfall in its equipment budget due to inflation and demands from the government’s...
German Chancellor Olaf Scholz on Tuesday staunchly defended his government’s record on spending after a bombshell court ruling on crucial debt rules sparked a...
German Chancellor Olaf Scholz will address parliament Tuesday about an escalating budget crisis triggered by a bombshell court ruling that his government breached constitutional...
Germany will seek to suspend a constitutional debt limit for a fourth straight year, its finance minister said Thursday, after a shock court ruling...
UK leader Rishi Sunak’s hopes of turning around his beleaguered Conservative party’s fortunes before a likely general election next year hinge on a British...
Britain’s Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut sweetener for workers...
Britain’s Conservative government this week unveils a budget update that could determine its chances of re-election — or the size of its defeat —...
The failure to tackle the country's growing debt burden -- are already having an impact.
The US budget deficit for the past year widened to $1.7 trillion, government data showed on Friday, in a development that could add pressure...