France proposes €43bn in savings
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France’s government unveiled a 2027 budget on Thursday proposing €43 billion in savings to cut the deficit to 5% of GDP, including freezes on public-sector pay and pensions.
For colleagues who do research in Belgium: the new Flemish government austerity budget cuts 47 million Euros in support to cultural institutions like archives, libraries and museums. It sounds truly awful. 🗃️
www.brusselstimes.com/belgium/2340...
www.brusselstimes.com/belgium/2340...
'Difficult measures needed': Flemish government presents €2 billion in cuts
The Flemish government has approved nearly €2 billion in spending cuts, rising to €3 billion by 2029, to balance the region’s budget over the next three years.
www.brusselstimes.com
October 1, 2026 at 5:55 PM
For colleagues who do research in Belgium: the new Flemish government austerity budget cuts 47 million Euros in support to cultural institutions like archives, libraries and museums. It sounds truly awful. 🗃️
www.brusselstimes.com/belgium/2340...
www.brusselstimes.com/belgium/2340...
by Andrew Watt
There is certainly scope to reprioritise within the EU budget - I am assuming that that is the point you are trying to make. But it is well known that there are historical path dependencies in play and large moves are difficult. Also some flexibility is being proposed by the Commission.
October 1, 2026 at 7:28 AM
There is certainly scope to reprioritise within the EU budget - I am assuming that that is the point you are trying to make. But it is well known that there are historical path dependencies in play and large moves are difficult. Also some flexibility is being proposed by the Commission.
by Andrew Watt
Europe - where some countries have creaky public finances - will inevitably be hit by any crash in the US. It needs urgently to set up instruments that shield it as far as possible from the fallout.
www.socialeurope.eu/americas-fis...
www.socialeurope.eu/americas-fis...
America’s Fiscal Crisis Is Europe’s Chance to Build a Treasury Market of Its Own
The EU should seize the moment to gain strategic autonomy by creating its own safe asset.
www.socialeurope.eu
October 1, 2026 at 6:36 AM
Europe - where some countries have creaky public finances - will inevitably be hit by any crash in the US. It needs urgently to set up instruments that shield it as far as possible from the fallout.
www.socialeurope.eu/americas-fis...
www.socialeurope.eu/americas-fis...
Reposted by Caroline Robion‐Brunner
Le gouvernement a présenté son projet de budget 2027. Le véritable effort est de 43 milliards d’euros. Et qui va payer ? Notamment les retraités et les élèves de prépas et de BTS.
Le budget Lecornu, une bonne dette de vaincu
Sous la pression des marchés financiers, le gouvernement prévoit des économies partout, sauf sur les très gros revenus. Pas sûr qu’il s’en sorte lors des débats à l’Assemblée.
lesjours.fr
October 1, 2026 at 7:03 PM
Le gouvernement a présenté son projet de budget 2027. Le véritable effort est de 43 milliards d’euros. Et qui va payer ? Notamment les retraités et les élèves de prépas et de BTS.