Greece is expected to lose its position as the euro zone’s most indebted country by the end of 2026, with its public debt ratio projected to fall below that of Italy. Greek debt is forecast to decline to around 137% of GDP this year, down from 145% in 2025, reflecting steady fiscal improvement following years […]
Germany’s economic recovery after three years of stagnation is expected to begin slowly next year before gaining momentum later, according to the Bundesbank’s latest biannual economic projections. Europe’s largest economy has struggled since 2023 due to a weakened industrial sector, subdued consumer spending and restrained government expenditure. A turnaround began this
The G7 has agreed to utilize frozen Russian assets to raise $50 billion (£39 billion) for Ukraine to aid in its defense against Russian forces. President Joe Biden emphasized this decision as a signal to Russia that the support for Ukraine remains steadfast. However, Moscow has warned of “extremely painful” retaliatory actions. The funds, anticipated […]


