South Korea's Lee urges parliament to approve 'supplementary budget' to boost economy

South Korean President Lee Jae-myung spoke to parliament this Thursday for the first time since taking office, and asked the legislature to approve a 30.5 trillion won (€19.2 billion) supplementary budget aimed at reviving the economy. US President Donald Trump's tariff war has hit South Korea's export-driven economy hard, with GDP growth forecasts for 2025 recently slashed from 1.5 percent to 0.8 percent. Also in this edition: cabling thefts in northern France severely disrupt train services, including the Eurostar between London and Paris.

Jun 26, 2025 - 09:00
182126
South Korea's Lee urges parliament to approve 'supplementary budget' to boost economy
South Korean President Lee Jae-myung spoke to parliament this Thursday for the first time since taking office, and asked the legislature to approve a 30.5 trillion won (€19.2 billion) supplementary budget aimed at reviving the economy. US President Donald Trump's tariff war has hit South Korea's export-driven economy hard, with GDP growth forecasts for 2025 recently slashed from 1.5 percent to 0.8 percent. Also in this edition: cabling thefts in northern France severely disrupt train services, including the Eurostar between London and Paris.
Original Post >>    

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.