
Hungary’s Euro Ambition Raises Spectre of Austerity and Slower Growth
Analysts warn that compliance with euro zone entry rules could force spending cuts or tax rises at a time of already weak growth.

Analysts warn that compliance with euro zone entry rules could force spending cuts or tax rises at a time of already weak growth.

A survey from a U.S. polling company reports an overwhelming majority of Hungarians opposing the Tisza party’s austerity proposals.

After losing 25% of its economy to austerity policies, Greece has been suffering in poverty for a decade. Now, starting with a promising idea, the government in Athens aspires to rebuild the country.

“When the left comes, austerity always follows,” the Hungarian PM said of the Tisza Party’s leaked programme.

The government in Lisbon can brag about having eliminated its budget deficit. How does this benefit the economy—if at all?

French workers and trade unions are pressing the government as the country faces a growing budget deficit.

The former prime minister’s ANO movement opposes the Green Deal, the adoption of the euro, and has vowed zero tolerance for illegal migration.

The move eliminates multiple birth allowances, support for expectant mothers, and emergency aid, as the state aims to save €270,000 annually

Ahead of a parliamentary vote of confidence, François Bayrou Bayrou on Wednesday warned that early polls would not help restore stability in his country.

François Bayrou is preparing himself for the worst: a social blockade and a confidence vote are expected in the upcoming days.