Algae grown on dairy effluent cuts mineral fertiliser use by 25%
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French government set to lower growth target as Trump tariffs loom
The state’s revised forecast will be in line with predictions from the Bank of France, according to work minister Astrid Panosyan-Bouvet.
EU urged to include green energy in increased security spending
With the European Commission due to propose the EU's next seven-year, trillion-euro budget in the summer, security analysts are calling for a focus on green energy alongside increased military spending.
Chancellor hopeful Merz open to reform of Germany's debt brake
The CDU leader said that Germany may need to loosen its debt limit to finance defence spending, although other solutions should be prioritised.
French inflation holds steady, raising hopes for further rate cuts
Inflation came in below the ECB’s 2% target, a spot of relief for French policymakers contending with budget deficit woes.
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EU finance ministers agree on France’s cost-cutting budget
France has one of the highest and longest-standing budget deficits in the eurozone – but attempts to resolve it have already toppled one government.
French budget talks: Pension reform must remain, says business boss
The warning comes as France's government meets party representatives, hopeful of winning support for a new budget bill.
French finance minister Lombard outlines deficit target for new year
The target allows for more flexibility than the goal set by the previous government, said Éric Lombard.
Romania's new economic plan hikes taxes in a bid to slash deficit
Romania’s new coalition government approves a new economic plan aimed at keeping government budget deficits under control for the upcoming 2025 fiscal year.
French central bank lowers 2025 growth forecast after tumultuous year
France's fraught political landscape and a gridlocked budget continue to spook economists and investors.
Brussels chides Hungary for significant errors in its fiscal plans
Budapest appears to be dragging its feet over submitting a realistic picture of Hungary's economic outlook, according to a European Commission letter seen by Euronews – the latest potential quarrel in a pattern of worsening relations with Brussels.
Italy's budget 2025: Breaks for low-income earners and bank levy
Presenting next year's budget, the Italian government seeks to honour election promises while also satisfying EU demands.
EU formally opens deficit proceedings against eight member states
France, Italy, Belgium and five others were targeted by fellow member states after the European Commission warned of ballooning budget shortfalls.
Euroviews. Macron's deficit dilemma depends on sound tax policy
Fixing the deficit issue doesn’t have to be an all-or-nothing game; French citizens and policymakers should recognise that reform is more complicated than punishing the rich or vilifying the poor, Sean Bray writes.
France trade deficit increases adding to the country's economic woes
In February 2024, France exported €50.3 billion worth of goods, while its imports amounted to €56.3 billion, equating to a trade deficit of €6 billion.
French budget deficit rose to 5.5% in 2023 with welfare cuts planned
The French budget deficit rose to 5.5% according to new data by statistical agency Insee. Prime Minister Attal announced welfare cuts could be imposed to lower the budget deficit to 2.7 percent by 2027.
French government overshoots deficit target: How will it source funds?
Public accounts showed a fiscal shortfall of 5.5% of economic output last year, up from 4.8% the previous year - and significantly more than the government's target of 4.9%.