Bulgaria
Thousands protest new budget plans in Bulgaria ahead of final approval
Thousands of protesters staged a major demonstration outside the parliament building in the capital, Sofia, to denounce the steep taxes announced in next year’s budget draft. Protesters formed a human chain around the building to prevent MPs from exiting.
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Economy
Italian budget: Politicians clash over tax raise on short-term rentals
The 2026 budget plan, worth around €18 billion, is expected to reach Parliament in the coming days. It includes a wide range of measures such as an income tax cut and bonuses for working mothers. More divisive, however, is a proposal to increase the flat tax on short-term rentals.
Economy
Public services vs. tax cuts: What are Europeans willing to sacrifice?
Four in ten EU citizens believe taxes are too high and support tax cuts, even if this leads to fewer or lower-quality public services. Still, about a quarter favour paying higher taxes in return for better and expanded services.
Economy
Tax revenue as a share of GDP: Which countries collect the most?
Euronews Business takes a closer look at how much tax European countries collect and what share of their national outputs it represents. Among the top five economies, France records the highest ratio, while the UK has the lowest.
Health news
Brussels targets tobacco products with a new set of eurotaxes
In two separate announcements on the same day, the European Commission introduced a renewed push to curb tobacco use through higher taxation, a move expected to raise the price of cigarettes and other tobacco products across the EU.
