Latest Government budgets News

German Finance Minister Olaf Scholz, right, delivers a speech during a budget debate as part of a meeting of the German federal parliament, Bundestag, at the Reichstag building in Berlin, Germany, Tuesday, Sept. 29, 2020. At left is German Chancellor Angela Merkel. (AP Photo/Michael Sohn)

German minister says debt won't reach financial crisis level

Sep. 29, 2020 4:45 PM EDT

BERLIN (AP) — Germany's debt load won't reach the level it did in the financial crisis a decade ago as a result of the coronavirus pandemic, the finance minister said Tuesday, and it will still look better than that of Germany's peers in the Group of Seven did before the virus outbreak. Olaf Scholz was...

PM: Polish economy may shrink less than 3.5% this year

Sep. 28, 2020 1:03 PM EDT

WARSAW, Poland (AP) — Poland's economy could decline less than 3.5% this year even despite the coronavirus pandemic, while next year should see a definite rebound, the country's prime minister declared Monday. Prime Minister Mateusz Morawiecki spoke after a government meeting that amended this...

Diners eat lunch before the closure of restaurants and bars, in Marseille, southern France, Sunday Sept. 27, 2020. As restaurants and bars in Marseille prepared Sunday to shut down for a week as part of scattered new French virus restrictions, Health Minister Olivier Veran insisted that the country plans no fresh lockdowns. (AP Photo/Daniel Cole)

France to release $49 billion in economic stimulus next year

Sep. 28, 2020 10:03 AM EDT

PARIS (AP) — France's government presented its 2021 budget on Monday, a plan that aims to rescue the country's beleaguered economy from the impact of the coronavirus pandemic by injecting a 42 billion-euro ($49 billion) stimulus next year. Finance Minister Bruno Le Maire said “we are convinced that...

A woman wearing a mask to protect against COVID-19 infection casts her vote in local elctions in Bucharest, Romania, Sunday, Sept. 27, 2020. Polls have opened in Romania’s municipal election, which is being seen as a test of how the next general election on Dec. 6 will unfold for the country’s minority-led government. (AP Photo/Andreea Alexandru)

Romania's ruling party upbeat after municipal elections

Sep. 27, 2020 3:45 PM EDT

BUCHAREST, Romania (AP) — Exit polls published in Romania Sunday after voting ended in the country’s municipal elections indicated that the balance of power in European Union member state is unlikely to shift in the next general election set for Dec. 6. About 19 million registered voters chose...

Members of the Proud Boys and other right-wing demonstrators kneel in prayer at a rally on Saturday, Sept. 26, 2020, in Portland, Ore. (AP Photo/John Locher)

Portland, Oregon, largely peaceful after right-wing rally

Sep. 26, 2020 9:17 PM EDT

PORTLAND, Ore. (AP) — Police say a right-wing rally and counter-protests in Portland, Oregon, have largely dispersed without serious violence Saturday, though they are investigating an assault after one person who was documenting the event was pushed to the ground and kicked in the face. Separately, police...

FILE - Kentucky Governor Andy Beshear addresses the media following the return of a grand jury investigation into the death of Breonna Taylor at the Kentucky State Capitol in Frankfort, Ky., Wednesday, Sept. 23, 2020. Kentucky’s Supreme Court has ruled, Thursday, Sept. 24,  that Beshear properly paid a law firm $4.2 million in legal fees for helping the state settle a lawsuit against opioid-maker Purdue Pharma when he was attorney general. (AP Photo/Timothy D. Easley)

Kentucky Supreme Court: Legal fees OK in Purdue Pharma case

Sep. 25, 2020 8:23 AM EDT

FRANKFORT, Ky. (AP) — Kentucky's Supreme Court has ruled that Gov. Andy Beshear properly paid a law firm $4.2 million in legal fees for helping the state settle a lawsuit against opioid-maker Purdue Pharma when he was attorney general. The state Supreme Court ruled Thursday that Beshear, a Democrat,...

Ohio State athletics director Gene Smith answers questions during a news conference, Tuesday, Dec. 4, 2018, in Columbus, Ohio. Ohio State's athletic department will cut 25 jobs, furlough hundreds of other employees and ask coaches and others to take 5% pay cuts to help grapple with a projected $107 million budget deficit due to the COVID-19 pandemic, athletic director Gene Smith said Wednesday, Sept. 23, 2020. (AP Photo/Jay LaPrete)

Budget shortfall forces deep cuts in Ohio St sports program

Sep. 23, 2020 2:51 PM EDT

COLUMBUS, Ohio (AP) — Ohio State's athletic department will cut 25 jobs, furlough hundreds of other employees and ask coaches and others to take 5% pay cuts to help grapple with a projected $107 million budget deficit due to the COVID-19 pandemic, athletic director Gene Smith said Wednesday. Some of that...

Principal Susan Stevens talks to the media during a demonstration of a socially-distanced classroom at A.J. Whittenberg Elementary School of Engineering Monday, July 20, 2020, in Greenville, S.C. (AP Photo/Chris Carlson)

S Carolina teachers stay home to advocate for pay, safety

Sep. 23, 2020 12:31 PM EDT

COLUMBIA, S.C. (AP) — Some South Carolina teachers took a personal day Wednesday to fight for safer classrooms amid the pandemic as well as an annual small raise that was frozen after the economy crashed because of the virus. Unlike May 2019, when SC for Ed brought 10,000 people to the Statehouse for a...

Olaf Scholz, Federal Minister of Finance, attends the meeting of the Federal Cabinet in the Federal Chancellery in Berlin, Germany, Sept. 23, 2020. (Kay Nietfeld/dpa via AP)

German Cabinet approves 2021 budget with high borrowing

Sep. 23, 2020 9:02 AM EDT

Germany's Cabinet on Wednesday approved a 2021 budget that foresees significant borrowing for the second consecutive year as Europe's biggest economy tries to lessen the fallout of the coronavirus crisis. The budget plan calls for spending of 413.4 billion euros ($485 billion) next year, down from this year's...

Spain to hear pardon requests for Catalan separatists

Sep. 23, 2020 5:55 AM EDT

BARCELONA, Spain (AP) — The Spanish government says it will from next week start to hear requests for the pardon of the imprisoned leaders of Catalonia’s secessionist movement. Justice Minister Juan Carlos Campos said Wednesday that the requests to pardon the politicians and activists, who were...