Austerity

A minority of MPs in the ruling Labour Party are feeling mutinous — but there’s a sharp divide among its newest members.

Macron’s calls for more military spending without tax increases have sparked fears over future cuts to social programs.

Losing faith in Washington as a military ally, Berlin wants to rip up the old fiscal orthodoxy. But it’s now a race against the clock.

The Scottish party hopes crucial elections won’t be a referendum on Keir Starmer’s faltering start as UK prime minister.

Britain used to lead the world on international development. But in the era of right-wing populists, its Labour government is now treading carefully.

The currency union is settling into a two-speed economy.

The French president said the project would be paid for by the museum’s own resources and private donors, not taxpayer money.

The fledgling Paris government is “trying their best” to get a budget through parliament after a previous version sunk its predecessor.

A return to austerity was not in Keir Starmer’s plans — and it risks shredding Labour’s credibility while populists snap at its heels.

Radically transforming the way we live is challenging, experts say, but it’s necessary to address nature destruction as well as social inequity.

Kaja Kallas was asked by lawmakers about a plan first seen by POLITICO to cut staffing at EU embassies around the world.

The EU’s outgoing commissioner Gentiloni encourages reforms and investments to keep growth alive.

Big swings from the new chancellor will reshape the British state.

From splashing the cash to going for growth, here’s how Britain’s first female chancellor wants to run the economy.

Non-EU visitors could also have to pay extra to enter the Louvre Museum, under proposals made by Rachida Dati.

“It’s karma, no?” said one European official.

As Paris blows its long-earned fiscal credibility, Rome has started to look respectable in the eyes of the EU’s fiscal cops.

After just a few months in office, the new British government is finding life tough.

Rosie Duffield quit the party over the ongoing freebies scandal and the prime minister’s austerity policies.

Former Portuguese finance minister is known for introducing harsh economic austerity.

Britain’s strait-laced chancellor was sent out to cheer up the nation — and insist there’s more to Labour than penny-pinching.

Progressive NDP says Liberals are “too weak, too selfish” to take on Canada’s Conservatives.

On a visit to Berlin, the new British prime minister may look at Chancellor Olaf Scholz as a cautionary tale.