EUR News
LAST UPDATE: October 15, 2025
Rachel Reeves suggests spending cuts and tax rises on way
UK Chancellor Reeves indicated the next budget may include both spending reductions and tax increases to manage fiscal pressures.
Insight
The approach signals tough trade-offs ahead for the UK government in balancing public finances and growth.
Norway Cabinet Aims to Spend More Oil Cash in 2026 Budget
The Norwegian government is planning to increase withdrawals from its sovereign wealth fund in the 2026 budget to boost public spending.
Insight
This marks a shift toward more aggressive use of oil revenues, with implications for fiscal policy and sustainability.
Swiss Inheritance Tax on Super Rich Lacks Support, Poll Shows
A proposed inheritance tax targeting ultra-rich estates appears likely to be rejected by voters according to latest poll.
Insight
The lack of support signals resistance in Switzerland to steep wealth taxation and concerns about capital flight.
Polish CPI confirmed, but market left guessing over next rate cut
Poland’s inflation rate was confirmed, but markets remain unsure about when the central bank will implement its next rate cut.
Insight
The confirmed CPI gives clarity on current inflation, but policy direction remains uncertain given mixed signals.
Serbia needs to ‘get concrete’ about joining EU: bloc president
The EU bloc president urged Serbia to undertake tangible reforms and clearer commitments toward European integration.
Insight
The call underscores that rhetorical commitment is increasingly insufficient; progress must be demonstrable.
