budget 2027

French public sector workers have walked out in protest at a pay freeze as the government prepares the 2027 budget. Union members in hospitals, schools and other state services are demanding wage increases amid rising living costs. The strike is being followed for what it signals about labour unrest and pressure on the government's budget plans.

Russia plans to reduce welfare and education funding in its 2027 budget while sharply increasing military expenditure, according to a Reuters report. The spending shift underlines how the war in Ukraine is reshaping the country's fiscal priorities, with social programmes squeezed to finance defence. Analysts expect the reallocation to affect millions of Russians reliant on state support.

Auburn University convened its Budget and Finance committee for the Spring/Summer 2027 cycle, covering planning for the institution's upcoming spending priorities. Student outlet Eagle Eye TV reported on the session. Details on specific allocations, tuition implications or funding decisions have not been made public, and there is no indication yet of controversy or major announcements emerging from the meeting.

Ukraine has called on the European Union to use frozen Russian assets to help cover a $78 billion shortfall in its financial and military needs for 2027. Finance Minister Serhiy Marchenko presented the calculations, arguing the immobilised funds should fund Ukraine's defence and budget requirements as Western support faces uncertainty.