Yonhap Infomax NewsJul 8, 2025
President Lee Jae-myung cited severe fiscal constraints as the reason for issuing 20 trillion won ($14.5 billion) in government bonds for the supplementary budget, expressing regret over the necessity.
#YonhapInfomax #GovernmentBonds #SupplementaryBudget #LeeJaeMyung #FiscalConstraints #20TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71134
President Lee Says 'Fiscal Constraints Left No Choice but to Issue 20 Trillion Won in Government Bonds'

President Lee Jae-myung cited severe fiscal constraints as the reason for issuing 20 trillion won ($14.5 billion) in government bonds for the supplementary budget, expressing regret over the necessity.

Yonhap Infomax
A.StringerMar 19, 2025

"The #EuropeanCommission announced today a plan to activate an emergency clause allowing #EU governments to temporarily deviate from #fiscalconstraints to bolster #defensespending.

EU opens fiscal tap to secure #Europe but warns against ‘defense washing’ – POLITICO
https://www.politico.eu/article/hold-eu-opens-fiscal-tap-secure-europe-warns-against-defense-washing-valdis-dombrovskis/

#EUpol
#eudefencespending

EU opens fiscal tap to secure Europe but warns against ‘defense washing’

Economy Commissioner Valdis Dombrovskis stressed the flexibility is a stop-gap until countries reframe budgets around higher defense needs.

POLITICO