Tag: public finances
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Jura projects 16.2M CHF deficit for 2026 budget outlook
Understanding Jura’s 2026 budget deficit The canton of Jura in western Switzerland has published its budget forecast for 2026, revealing a projected deficit of 16.2 million CHF. While the figure might seem modest on a broader scale, it signals a careful balancing act within Jura’s public finances. The deficit reflects how the canton expects revenue…
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Paychère Report Flags Valérie Dittli in Vaud Finance Controversy
Overview of the Paychère Report in Vaud The Paychère report, published in late August by former Geneva Court of Accounts president François Paychère, raises questions about how the canton’s tax shield (bouclier fiscal) was applied by the Department of Finance when Valérie Dittli was in charge of finances. The document argues that the shield was…
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Fitch Downgrades France Over Budget Uncertainties
Introduction In a major development in the financial world, Fitch Ratings has downgraded France, highlighting significant uncertainties surrounding the nation’s budget. This decision comes at a crucial time, following recent political upheaval, and raises questions about the future economic stability of the second-largest economy in the Eurozone. Understanding the Downgrade Fitch, one of the leading…