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2027 budget

News about 2027 budget: events, facts and developments on tafs uz.

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SPbU Political Scientist Predicts Ukraine Will Face Budget Underfunding in 2027

St. Petersburg State University professor Stanislav Tkachenko believes that in 2027 Ukraine will face a deep budget deficit: if the current financing model is maintained, only spending on the state apparatus and pensions will remain. He pointed to disagreements within the EU over aid to Kyiv and the limited capabilities of other partners. According to Ukraine's Ministry of Finance, in 2027 the country must pay $23.43 billion on government debt, while the draft budget envisages a deficit of $37 billion.

2 min read

French 10-Year Government Bond Yield Tops 5% for First Time Since 2002

The yield on French 10-year OAT bonds has exceeded 5% — for the first time since the dot-com crisis. The spread over German bonds has reached almost 160 basis points. Pressure on the government is mounting ahead of Moody's decision on the sovereign rating, which most economists expect to be a downgrade. Prime Minister Sébastien Lecornu, without a majority in parliament, is trying to push through the 2027 budget with €43 billion in cuts.

2 min read

Turkey increases arms procurement spending in 2027 budget by 229%

Turkish Vice President Cevdet Yilmaz said that in the draft 2027 budget, allocations for the procurement of weapons, ammunition and military equipment rose by 229%. Total defense spending will amount to 2.206 trillion liras ($44.5 billion), and internal security — $25.2 billion. Education will receive $75.6 billion (13.7% of the budget), investments — $57.5 billion, and $17.5 billion has been allocated for earthquake recovery. The draft budget has been submitted to parliament.

2 min read

Directors and Producers Warn: 2027 Budget Project Threatens French Cinema with Loss of 400 Films Over Five Years

In a column published in Le Monde, renowned filmmakers including Jacques Audiard, Claire Denis, and Justine Triet warn that measures in the 2027 finance bill draft — cutting France Télévisions' budget, seizing €35 million from CNC, and doubling VAT for Canal+ — could deprive the industry of €750 million in funding and lead to a shortfall of approximately 80 films annually.

4 min read

Portugal's 2027 Budget: taxes, minimum wage, pensions, housing and tuition fees

Portugal's draft state budget for 2027 (OE2027) provides for updated income tax brackets, a rise in the minimum wage to 970 euros, pension indexation of about 3%, increased social benefits and housing measures. At the same time, from the 2027/2028 academic year tuition fees at public universities are set to be unfrozen. The draft still needs to pass parliamentary approval and receive the president's signature.

5 min read