German FY27 federal budget has been finalised, Handelsblatt reports citing sources. Within this, the EUR 21bln fiscal shortfall has been entirely covered, using EUR 9.7bln from reserves to do so. Expected to be put before the cabinet on July 6th.
Al Arabiya sources say that America handed over 22 Iranians from the crew of a detained oil tanker to Pakistan
Bosch CEO is to unexpectedly leave the company, Bloomberg reports
German FY27 federal budget has been finalised, Handelsblatt reports citing sources. Within this, the EUR 21bln fiscal shortfall has been entirely covered, using EUR 9.7bln from reserves to do so. Expected to be put before the cabinet on July 6th.
China's Management Ministry unveils material supporting its crackdown of safety violations in industrial and production firms, CCTV reports
ClearScore has hired banks to advise around strategic options as it moves towards a potential GBP 2bln IPO in the medium term, Sky News reports
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- Funding gap of EUR 21bln has been closed by tax hikes, spending cuts and EUR 9.7bln from reserves.
- To increase tax/levies on alcohol, tobacco and sugar.
- Reduce subsidies.
- Reducing the pensionn subsidy.
- Federal efficencies.
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