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Eurozone ministers discuss fiscal boost options as virus worries weigh
Eurozone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix, in a potential nudge to Germany and the Netherlands to spend more as fears of a downturn grow in the wake of the coronavirus epidemic.
Don’t rely on German fiscal medicine to fix economy’s ailments
Even with Germany mired in an industrial slump and possibly flirting with recession, don’t expect Chancellor Angela Merkel to loosen the purse strings just yet.
Korea's fiscal soundness deteriorating fast
Korea's fiscal soundness is rapidly deteriorating, with the government's budget balance suffering the largest deficit in the first half of this year, government data showed on Wednesday.
Shadowed by trade war, Malaysia says 2020 fiscal deficit target a 'challenge'
Malaysia will find it challenging to meet its three percent fiscal deficit target for next year due to uncertainties around the US-China trade war, the finance minister told Reuters in an interview on Monday.
Modi adviser: India faces ‘silent fiscal crisis’
India is facing a silent fiscal crisis owing to a shortfall in tax revenues, and the government’s budget suggests it may have grossly underestimated the problem.
Greek PM says 2020 budget will respect fiscal targets
Greece will submit a 2020 budget later this year that will fully respect the fiscal targets agreed with its lenders, newly elected Prime Minister Kyriakos Mitsotakis said on Saturday.
Visco: Italy must respect its fiscal targets to keep market confidence
Italy needs to respect its fiscal targets if it wants to retain the confidence of investors over its capacity to repay its debt, Bank of Italy governor Ignazio Visco said on Saturday, as Rome faces a budget tussle with Brussels.
Corporate bankruptcies in Japan hit 28-year low in fiscal 2018
Corporate bankruptcies across Japan fell in fiscal 2018 to their lowest number since fiscal 1990, when the country was in the final stage of the bubble economy era, according to a private credit research firm.
South Korea's fiscal contribution to income distribution among lowest in 2015
South Korea's fiscal spending was found to make less contribution to narrowing income inequality compared with other members of the Organization for Economic Cooperation and Development (OECD) in 2015, data showed on Sunday.
Portugal calls on EU to note its return to fiscal health
Portugal has urged the EU and credit rating agencies to acknowledge the scale of its economic turnround as the country heads towards its lowest fiscal deficit in more than 40 years.
Small July surplus could limit Hammond's fiscal reset for UK
Britain's public finances showed a smaller-than-expected budget surplus in the first month after the vote to leave the European Union, potentially limiting the ability of new Chancellor Philip Hammond to give the economy a big boost later this year.

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