As the deadline looms for a potential federal government shutdown, the U.S. House of Representatives rejected a Republican-led budget proposal aimed at averting this crisis. The failure of the bill, supported by Donald Trump and Elon Musk but ultimately voted…

The French government will conduct an emergency cabinet meeting on December 11 with the resigned administration. A special law will be presented to maintain public funding in the absence of a financial law following the censure of Prime Minister Michel…

The collapse of the Barnier government poses serious challenges for France’s budget and ongoing financial rehabilitation, as the nation faces the third highest debt ratio in the Eurozone. Economist Manuel Oechslin warns that increased debt costs might soon become unsustainable….

France’s center-right government led by Prime Minister Michel Barnier has been toppled after just three months due to a successful vote of no confidence. This historic voting marks the first successful motion against a sitting prime minister in over six…

The French National Assembly is set to examine two motions of censure against Prime Minister Michel Barnier’s government, triggered by the Nouveau Front Populaire and the Rassemblement National. With a scenario that could lead to a majority against Barnier, various…

French Prime Minister Michel Barnier has stated that it is ‘possible’ he could survive a no-confidence vote initiated by opposition parties after using special powers to pass his budget without parliamentary approval. In a recent TV interview, Barnier emphasized his…

France is heading towards a political uncertainty as Prime Minister Michel Barnier faces a vote of no confidence following a budgetary dispute. Both left and right factions oppose his austerity measures to address a €60 billion deficit. With his minority…

French Prime Minister Michel Barnier’s government is at risk of collapse as it faces a confidence vote, stemming from attempts to bypass the National Assembly to pass the 2025 budget. Opposition parties, including Marine Le Pen’s National Rally, are poised…

Germany’s constitutional debt brake, enacted in 2009 by then-Chancellor Angela Merkel, is under scrutiny following a ruling that deemed the 2021 supplementary budget unconstitutional. This ruling has triggered a budgetary crisis as the country heads into 2024 without an approved…

The leaders of Germany’s governing Ampel coalition are convening to address a looming budget deficit and revitalize the struggling economy. Chancellor Olaf Scholz met with key ministers to establish a unified approach, anticipating that recent global uncertainties might foster cooperation…