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The state budget for 2027 is facing serious financial difficulties, as an additional 469 million euros need to be secured to meet already accepted obligations, while borrowing is becoming more expensive and budget deficit limits will soon expire. #Budžets2027 #Ekonomika #Valdība (translated)

I acknowledge the need for a tax increase next year. If reforms are not implemented next year and all currently considered cuts necessary to eliminate the large deficit are not achieved, then the question will certainly be raised again. #Budžets #Atvieglojumi #Ģimenes (translated)

Fede Sturzenegger stated that a tweet from Flor Carignano about DNU 70/23 showed, in his opinion, that Kirchnerism was against the benefits that the norm had granted to Argentines. He described it as a force protecting the "elite" and claimed that its proposals would lead to stagnation and poverty. In defending the decree, Sturzenegger said that after the repeal of the Rental Law, four times more apartments were being published and that prices had dropped by more than 30% in real terms. He also stated that, since the DNU, the prices of medications had fallen by 20% in real terms; domestic tickets by 51%; and tourist packages by 40%. He added that in 2025 there were 33 million passengers and that international connections from cities in the interior increased by 70%. Regarding foreign trade, he attributed part of the 63% drop in appliance prices and the 43% drop in textiles to the changes in the decree. He also said that more than 750,000 satellite internet connections allowed access for almost 3 million people in the interior, and that tourism reforms had increased the number of agencies by almost 40% and employment in the sector by more than 10%. Sturzenegger pointed out that some labor and land provisions had been taken to Congress, while others had been challenged in court. He stated that the DNU had removed trade restrictions, reduced paperwork, and allowed contracts in the chosen currency, among other changes. He concluded that the debate about the decree should be kept in mind in the elections of the following year. #DNU70 #Kirchnerismo #Argentina (translated)

Fernando Alonso said that he wouldn't change much about the Singapore circuit, which he described as a Saturday layout that has always been that way. He recalled that in 2010 he had eight tenths of a disadvantage compared to the Red Bull and kept Vettel behind for 62 laps. He also noted that he had seen many overtakes on the screens, but he had missed the moment when Hamilton lost so many positions at the end. #F1 #SingapurGP #FernandoAlonso (translated)

Roland Lescure, Minister of the Economy, expresses his wish to avoid the use of orders for the adoption of the 2027 budget in order to promote parliamentary debate, while affirming his commitment to a budget with a 5% deficit despite controversial proposals regarding a waiting period for foreigners. #Budget2027 #DébatParlementaire #RolandLescure (translated)

A Russian diesel-powered ship, having departed before the Trump-Putin agreement, is approaching the American coast, and data analysis suggests that Russia has limited quantities of diesel for export, which could slightly influence the global deficit and prices in the U.S. #motorină #TrumpPutin #sancțiuni (translated)

The rising debt of France, which has reached 119% of GDP and a deficit exceeding 5%, generates distrust among investors and raises concerns about its potential contagion to other European countries amid political uncertainty over the upcoming elections. #DeudaFrancesa #CrisisEconómica #ContagioEuropeo (translated)

Properties are leaving the market, there are fewer than before the government's decrees. Expert Jorge Galindo warns that Spain has a deficit of almost 200,000 homes annually, with an increase in supply being the only effective way to solve the crisis. #ViviendaEnEspaña #CrisisInmobiliaria #Alquiler (translated)

The thirteenth pensions are a political trap, while the opposition claims that Robert Fico's government violated the constitutional law on budgetary responsibility by approving a budget with a deficit of 7.4 billion euros, while Slovakia's debt exceeded 61 percent of GDP, and criticizes the lack of cooperation in changing the rules of the debt brake. #rozpočet2027 #dlhovábrzda #Slovensko (translated)

"If we are no longer meeting the Maastricht criteria, there must be very significant reasons for that. The chairman of the ruling coalition's Democratic Union 'For the Homeland', MEP Virginijus Sinkevičius, says he has no information on why next year Lithuania's state budget deficit will exceed 3 percent." #LietuvosBiudžetas #Kreditingumas #Palūkanos (translated)

Joan Larroumec presented the tensions between France and Germany as a result of increasing competition, particularly in the defense industry. He indicated that Berlin planned military spending of €108 billion in 2026, compared to €57 billion for Paris, and nearly €140 billion in 2027. According to him, Germany was seeking to use these expenditures as a lever for economic transformation, while its historical industrial model was weakened. Larroumec notably cited the decline in German exports to China, which he claimed fell from €106 billion in 2022 to €81 billion in 2025, as well as a reduction of 142,400 jobs in the German automotive industry since 2019. He also wrote that German defense start-ups had received $3.5 billion in investments in 2026, compared to $375 million in France, and that Berlin had concluded a framework agreement with Helsing and Stark that could reach €4.3 billion. He estimated that this strategy heightened rivalries between the two countries and jeopardized their joint programs. He reported that Paris and Berlin acknowledged on June 8 that the SCAF could not be successfully executed, and that the Chief of Staff of the Armed Forces announced Germany's abandonment of the MGCS tank program. He also mentioned competition in drones, artificial intelligence, and space, where, according to him, Germany was seeking to reduce France's position. Finally, Larroumec argued that France's financial difficulties limited its ability to invest in defense and risked weakening its industry. He stated that French and German interests were becoming increasingly misaligned and that this situation could lead to chaotic episodes in Europe. #France #Allemagne #Défense (translated)

"The global economy is caught between a negative energy supply shock and a positive demand impact linked to artificial intelligence. The combined impact of these two forces is very uneven," Georgieva summarized. "To harness the transformational power of AI, it is crucial that access to it becomes widespread around the world. In a world as interconnected as ours, countries collaborate not out of charity but out of their own interest," Georgieva emphasized. "We have gone through a series of shocks: the COVID pandemic, the war in Ukraine, the inflation shock, a brutal rise in interest rates, and now, the energy shock. Each time, governments have come to the aid of households and businesses by resorting to credit and deepening the deficit," Georgieva recalled. #InteligenciaArtificial #FMI #CooperaciónInternacional (translated)

The housing construction deficit in Spain is worsening, as 120,000 houses are started each year but only 80,000 are completed, according to a report by the Bank of Spain that points out multiple barriers that prevent closing this gap. #Vivienda #Construcción #DéficitHabitacional (translated)