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Czech Government Discusses Next Year's Budget Deficit
Politicsirozhlas6d ago

Czech Government Discusses Next Year's Budget Deficit

Discussions are ongoing at the Czech Ministry of Finance regarding next year's state budget, with estimates placing the deficit between 370 and 380 billion crowns. Increased funding is expected for agriculture and defense, with security forces anticipating salary raises.

Finnish Finance Minister Purra presents budget proposal
Politicsyle-uutiset22d ago

Finnish Finance Minister Purra presents budget proposal

Finnish Finance Minister Riikka Purra (Finns Party) is set to present the Ministry of Finance's proposal for the government's final budget this week, stating that 10 billion euros in adjustments for the next government term can be implemented without significant tax increases.

Russian Banks Lack Funds to Cover Budget Deficit
Worldukrainska-pravda24d ago

Russian Banks Lack Funds to Cover Budget Deficit

Russian banks currently possess no free rouble liquidity to purchase federal loan bonds, which the Russian Ministry of Finance typically utilizes to cover the nation's budget deficit.

Montenegro Finance Ministry Addresses Betting Shop Regulations
Businessvijesti-me1mo ago

Montenegro Finance Ministry Addresses Betting Shop Regulations

Montenegro's Ministry of Finance, led by Novica Vuković, asserts that an amendment concerning the distance of betting shops is unnecessary, as ongoing reforms and strict enforcement of the Law on Games of Chance are already leading to a reduction in their numbers.

Finland Sees Race for New Event Arenas
Businessyle-uutiset1mo ago

Finland Sees Race for New Event Arenas

Finland is experiencing a rush to build new event arenas, with several large halls planned, following the Ministry of Finance's rejection of a loan guarantee for Helsinki's Garden project.

Hungarian Government Raises Annual Deficit Target to 7.5%
Politicshvg1d ago

Hungarian Government Raises Annual Deficit Target to 7.5%

The Hungarian Ministry of Finance has raised the annual deficit target from 3.7% to 7.5%, calling it a 'budget of reality' after it was previously revealed that the Orbán government had concealed expenses, pushing the actual deficit trajectory towards 8.3%.

Lithuanian Finance Minister on 2027 Budget Formation
Politicsdelfi-lt7d ago

Lithuanian Finance Minister on 2027 Budget Formation

As the Ministry of Finance begins the 2027 state budget formation process, Minister Taurimas Valys emphasized that institutions requesting increased funding must provide strong justifications. He stated that expenditure growth would only be considered if absolutely necessary.

Study Reveals Finland's Economic Forecasts Consistently Inaccurate
Businessyle-uutisethelsingin-sanomathelsinki-times14d ago3 sources

Study Reveals Finland's Economic Forecasts Consistently Inaccurate

A new study has found that Finland's economic forecasts, particularly those from the Ministry of Finance, have been consistently inaccurate for the past 15 years. Despite these inaccuracies, crucial decisions continue to be made based on these projections.

Poland's Public Debt Exceeds 60% of GDP
Politicsrzeczpospolita16d ago

Poland's Public Debt Exceeds 60% of GDP

Ten years after the destruction of the independent Constitutional Tribunal, Poland's public debt, referred to as "EDP debt" by the Ministry of Finance, has surpassed 60% of its GDP.

Slovakia Utilizes Only One-Fifth of Current EU Funds
Politicsaktuality-sk19d ago

Slovakia Utilizes Only One-Fifth of Current EU Funds

Slovakia has only spent one-fifth of the nearly 12.8 billion euros available from the new programming period of EU funds, although data from the Ministry of Finance indicates a slight acceleration in the trend of utilization.

Serbia Proposes Changes to Public Debt Law
Politicsn1-serbia26d ago

Serbia Proposes Changes to Public Debt Law

Serbia's Ministry of Finance has proposed amendments to the Public Debt Law, which include charging a commission for every guarantee issued by the state. The draft changes are currently in the consultation phase.

Federation of BiH Extends Employer Aid for Workers Until 2027
Worldn1-bih28d ago

Federation of BiH Extends Employer Aid for Workers Until 2027

The Government of the Federation of Bosnia and Herzegovina, acting on a proposal from the Federal Ministry of Finance, has adopted an amendment to the regulation on worker aid. This allows employers to pay workers assistance up to 300 KM until January 31, 2027.

Polish Finance Ministry Withdraws Controversial Tax Proposals
Financerzeczpospolita29d ago

Polish Finance Ministry Withdraws Controversial Tax Proposals

The Polish Ministry of Finance has withdrawn its most controversial proposals from a draft project, including tax increases for flat-rate taxpayers, stricter rules for company cars, limitations on housing relief, and restrictive conditions for IP Box.

Lithuania Raises €31.3 Million in Defense Bonds
Politicsdelfi-lt1mo ago

Lithuania Raises €31.3 Million in Defense Bonds

Between July 7 and 20, residents, businesses, and other organizations in Lithuania purchased defense bonds totaling 31.3 million euros. The Ministry of Finance announced the successful acquisition of these bonds.

Fatos Nano's Unknown Report on 1991 Davos Forum Revealed
Worldbalkan-web1mo ago

Fatos Nano's Unknown Report on 1991 Davos Forum Revealed

An unknown report by Fatos Nano concerning the Davos Forum on February 1, 1991, has been revealed, detailing his meetings, including one with the director of the French Ministry of Finance who knew Albania through Kadare's books.

Discussions Planned for Raising Second Tax Threshold in Poland
Worldtvn241mo ago

Discussions Planned for Raising Second Tax Threshold in Poland

The Minister of Funds and Regional Policy, Katarzyna Pełczyńska-Nałęcz, was scheduled to meet with the head of the Ministry of Finance and Economy, Andrzej Domański, this week. The purpose of the talks was to discuss raising the second tax threshold.

Estonia's Ministry Forecasts Inflation Drop in 2026
Politicserr-news1mo ago

Estonia's Ministry Forecasts Inflation Drop in 2026

The Estonian Ministry of Finance, in its June inflation review, predicted that inflation in Estonia could fall below the 4 percent forecast for this spring, attributing the potential decrease to an easing of the conflict in the Middle East.

Polish Finance Ministry Considers Liquidating Small Payment Institutions
Businessrzeczpospolita10d ago

Polish Finance Ministry Considers Liquidating Small Payment Institutions

Poland's Ministry of Finance is considering the liquidation of small payment institutions, following an appeal from the Financial Supervision Commission. The commission believes that startups offering services like electronic wallets could be potential sources for financing gambling and supporting Russia.

Spanish Autonomous Communities Face Soaring Debt Costs
Financeel-mundo13d ago

Spanish Autonomous Communities Face Soaring Debt Costs

The cost of debt for Spain's autonomous communities has surged by 120% in four years and is projected to triple by 2029. This increase in debt-related expenditure is unevenly distributed, sparking a debate between regional governments and the Ministry of Finance.

Romania Launches Tezaur State Bonds for August-September 2026
Financehotnews17d ago

Romania Launches Tezaur State Bonds for August-September 2026

The Romanian Ministry of Finance has announced the August-September 2026 session for its Tezaur state bond program, offering non-taxable interest rates starting from 6.2% to the public. The official order for the program's launch was published in the Official Monitor.

Poland's KNF Seeks to End Privileges for Payment Startups
Politicsrzeczpospolita19d ago

Poland's KNF Seeks to End Privileges for Payment Startups

Poland's Financial Supervision Authority (KNF) has called for the elimination of privileges for online payment startups, arguing they are used to finance gambling and entities linked to Russia. The appeal was made to the Ministry of Finance, though legal experts are divided on the necessity of liquidating small payment institutions.

North Macedonia's Tax Revenues Meet Budget Projections for 2026
Businessmkd-mk20d ago

North Macedonia's Tax Revenues Meet Budget Projections for 2026

North Macedonia's Ministry of Finance announced that original tax revenues for the 2026 budget are being realized as planned, with total revenues reaching 204.553 billion denars by July 31, representing 53.9 percent of the planned amount and a 9.3 percent increase.

Czech Finance Ministry Delays Affordable Housing Plan
Politicsaktualne-cz24d ago

Czech Finance Ministry Delays Affordable Housing Plan

The Czech Ministry of Finance is finalizing a proposal for significant changes to state mortgage support, with Finance Minister Alena Schillerová indicating potential tax adjustments, despite the plan being delayed past its original June deadline.

Ministarstvo finansija: Ukupan efekat hedžing aranžmana 93,4...
Businessvijesti-me27d ago

Ministarstvo finansija: Ukupan efekat hedžing aranžmana 93,4...

The Ministry of Finance stated that the total effect of hedging arrangements should not be judged by individual installments or short-term currency movements, but by their overall financial result over the entire period. Their primary purpose is to protect public finances.

Singapore Extends ABSD Remission for Large En Bloc Housing Developers
Businesschannel-news-asia28d ago

Singapore Extends ABSD Remission for Large En Bloc Housing Developers

Singapore's Ministry of Finance and Ministry of National Development have revised ABSD (Additional Buyer's Stamp Duty) rules, extending the remission timeline for housing developers of large-scale en bloc projects. This aims to provide more time to sell units and contribute to additional housing supply.

Debate on State Investment Disparity in Spain
Financela-vanguardia1mo ago

Debate on State Investment Disparity in Spain

A survey and data from the Ministry of Finance reveal that the state invested more than double in Madrid compared to Catalonia in 2025, sparking a debate on disproportionate state investment.

Polish Trade Unionists Demand Public Sector Pay Raises
Politicstvn241mo ago

Polish Trade Unionists Demand Public Sector Pay Raises

Polish trade unionists, including Piotr Szumlewicz, have appealed to the Ministry of Finance for increased wages in the public sector, asserting that a secure state depends on an efficient and well-compensated public administration.

Slovak Government Silent on Hospital Construction Costs
Healthdennik-n1mo ago

Slovak Government Silent on Hospital Construction Costs

The Slovak government announced the start of hospital constructions but has not disclosed the completion costs or funding sources. The Ministry of Finance directed inquiries about hospital completion to the Ministry of Health.