Miliband Says Labour Fiscally Sound, Tories Irresponsible
Labour’s Ed Miliband tries to turn the way Britain’s two largest political parties are seen on its head.
Fiscal Issues
Italy’s Renzi Loosens Reins on Spending
Having barely made an effort to shrink the state, Italy’s leader starts talking about stimulus.
Brazil’s Chickens Come Home to Roost
Years of living large and putting off economic reforms are finally catching up with Brazil.
France Rewarded for Reforms, Gets More Time to Cut Spending
European finance ministers give France two more years to bring down its deficit.
India to Rationalize Taxes, Boost Infrastructure Spending
Narendra Modi seeks to make good on his campaign promises to liberalize the economy and boost growth.
Greece Wants New Loan Without Conditions
Greece’s new government wants another loan from Europe but dump the bailout.
Dutch, Germans Reject Greek Demands for Debt Relief
Northern European leaders urge Greece to honor the terms of its bailout.
Obama Urges Higher Taxes to Arrest Middle Class Decline
The president calls for higher taxes on the rich to finance benefits for the middle class.
Finland’s Stubb Rules Out Greek Debt Reduction
The Finnish prime minister says a “resounding no” to forgiving Greek loans from other eurozone countries.
Clegg, Osborne Criticize Each Other’s Budget Plans
Britain’s deputy prime minister says the Conservatives are “kidding themselves” and the voters.
British Budget Seen as Conservative Election Statement
George Osborne boasts of high growth and tax cuts, but the deficit remains high.
Swedish Nationalists Block Löfven’s Budget Bill
Without a majority for his spending plan, Stefan Löfven could be forced to resign.
Tax Transfer to Scotland Raises Questions in England
More devolution of powers to Scotland raises political questions in England as well.
Unwilling to Reform, France, Italy Miss Budget Targets
Slow to structurally overhaul their economies, France and Italy continue to miss their fiscal targets.
Staking Out Middle Ground, Cameron Promises Tax Relief
In his election speech, David Cameron promises his next government will cut taxes.