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Economy

UK inheritance tax receipts hit record levels after threshold freezes

The amount of money collected through inheritance tax is likely to rise further in the UK due to recent policy changes.

Europe News

New French PM aims to please all sides and avoid no-confidence vote

After getting the nod in December, Bayrou became France's fourth prime minister in just one year. He now faces a major challenge to pass the long-overdue 2025 budget plan.

Culture news

Actor Michael Sheen to fund new national theatre in Wales

Actor Michael Sheen is funding a new theatre company to replace the National Theatre Wales.

Economy

Austrian far-right party and conservatives reach budget agreement

Austrian far-right leader Herbert Kickl and his prospective coalition partners said on Monday that they have reached an agreement to bring down the budget deficit, an important first step toward what would be the country's first post-World War II government led by the far-right.

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Culture news

Berlin moves ahead with €130 million culture budget cuts amid protests

Berlin's government has approved a €130 million cut to its cultural budget for 2025, defying weeks of protests and warnings from the arts sector about potential closures and the city’s cultural standing.

Healthcare

Italy unveils plans for €4.2 million fund to target obesity

The creation of the fund is viewed as a small but meaningful step to address Italy’s looming obesity problem but critics remain unconvinced of its impact.

Culture news

Investment in UK arts and culture sector suffers alarming 15% fall

Shocking figures reveal the state of freefall for the culture and entertainment sector in terms of the UK's GDP.

France

French parliament adopts special law to prevent government shutdown

France's parliament has adopted a special law to prevent a government shutdown as a temporary measure to maintain core state functions. The country's Senate passed the law on Wednesday after it went through the National Assembly on Monday.

Healthcare

Are new, expensive drugs worth it? Not if you're not a recipient

A new study has found that the approval of new drugs in England has come at a heavy cost to the health of many others due to a loss of funding.

Europe News

Macron seeks new PM as special budget bill is introduced to avoid government 'shutdown'

Outgoing French PM Michel Barnier's cabinet held its last meeting Wednesday, proposing a "special bill" to maintain government operations into 2025. The bill will be debated next week.

Economy

EU budget: Who pays the most into the EU, and who gains the most?

In the EU budget, wealthier western and northern European nations predominantly serve as net contributors, while central and eastern European members are mainly net recipients.

Economy

What next for France's finances after the government's collapse?

Without a new budget, the country is facing a deficit of up to 6.6% of the GDP in 2025, more than double the European Union's standard.

Europe News

Budget crisis and political turmoil: France under EU's close watch

European institutions in Brussels are paying attention not only to the financial discussions but also to the political challenges that are unfolding in France.

Europe News

Le Pen says no-confidence vote will save France from 'unjust' budget

France's Prime Minister Michel Barnier is set to be ousted after his social security budget failed to receive backing from Marine Le Pen's National Rally.

Europe News

Russian defence spending rises to record high - a third of the budget

Next year, Moscow's spending on the military and security forces will exceed spending on health care, education and social policy combined

No Comment

Striking workers in Italy demand wage hikes amid soaring inflation

Italy's main unions held a nationwide strike on Friday to protest a proposed budget law.

Culture news

Berlin announces huge €130 million cuts to culture budget

Germany’s government has confirmed huge cuts to the culture budget in Berlin.

Destinations

High peaks, low prices: Georgia might be Europe’s best-kept ski secret

With modern resorts, mounds of snow and legendary hospitality, Georgia is a hidden gem for thrill-seeking skiers.

Radio Schuman

Why so many French MEPs are rejecting von der Leyen's commissioners

As MEPs vote to approve the upcoming European Commission, a significant proportion of those opposing von der Leyen's executive picks are French MEPs.

Europe News

French PM Barnier warns of 'serious storm' amid budget dispute

French lawmakers have spent weeks debating a budget proposal that has threatened to topple Barnier's cabinet.