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French financial markets are showing signs of increasing pressure as concerns over high government debt and political uncertainty intensify ahead of next year’s presidential election. The government is seeking €54 billion in savings in its proposed 2027 budget, while economic growth is expected to slow to 0.4% this year. The risk premium on French government […]
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Germany’s economy could expand by around 1% in 2026, nearly twice the 0.5% growth forecast by the Bundesbank in June, President Joachim Nagel said. He pointed to stronger-than-expected export demand and increased government spending as key drivers behind the economy’s resilience after three years of stagnation. The German government’s debt-financed spending package,
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Russia’s wealthiest individuals have provided more than 471 billion roubles, or over $5.6 billion, to the state budget through what government documents describe as “voluntary receipts” this year, according to Reuters. The contributions followed a closed-door meeting between President Vladimir Putin and leading Russian businesspeople in March, many of whom are under