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Search results: “EU budget”

4 stories found

EU budgetSingle source

EU leaders clash over budget ahead of high-stakes 2027 elections

EU countries have intensified a dispute over the bloc’s future budget, with some seeking a smaller envelope and others defending existing resources. French President Emmanuel Macron and German Chancellor Friedrich Merz agreed that a deal should be reached before the end of the year.

  • EU countries have intensified negotiations over the bloc’s future budget.
  • Some governments are calling for a smaller budget envelope.
1 sourceTrust: Single source
Le Monde International
EU politicsSingle source

Marine Le Pen criticizes push to lock in EU budget before 2027 elections

Marine Le Pen opposed efforts to accelerate agreement on the EU budget for 2028–2034. At a news conference in Brussels, she described the timetable as an attempt to pre-empt and stifle future democratic choices.

  • Marine Le Pen opposed speeding up agreement on the EU budget for 2028–2034.
  • She spoke at a Brussels news conference ahead of a leaders’ summit.
1 sourceTrust: Single source
Le Monde International
Budget and public financesSingle source

Labour insiders fear budget will not leave voters better off by next election

Labour insiders fear the forthcoming budget will not make voters better off by the next election. The 28 October statement is expected to be difficult, with a reported £12bn hole in the public finances.

  • Labour insiders fear the 28 October budget will not leave voters better off by the next election.
  • Inflation and higher borrowing costs are believed to have created a £12bn public-finance gap.
1 sourceTrust: Single source
The Guardian World
Bond marketsSingle source

Global bond sell-off resumes as oil tops $107 a barrel and yields spike

Investors resumed dumping government bonds after oil rose above $107 a barrel amid concerns over advances by Houthi rebels along the Red Sea. Yields jumped: 10-year UK gilts topped 5.37% and 10-year US Treasuries reached 4.92%.

  • Brent rose above $107 a barrel after reports of Houthi advances along the Red Sea.
  • 10‑year UK gilts topped 5.37%, the highest since 2007.
1 sourceTrust: Single source
The Guardian Business