Italy Set to Overtake Greece as Euro Zone’s Most Indebted Nation in 2026

By admin April 24, 2026 No comment

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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 […]

AI Boost No Cure-All for Soaring Public Debt

By admin February 27, 2026 No comment

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An artificial intelligence-driven productivity surge could ease pressure on debt-laden advanced economies, but economists caution it will not solve deep-rooted fiscal challenges. With public debt already exceeding 100% of GDP across most wealthy nations and projected to climb further due to ageing populations, defence spending and climate costs, AI-fuelled growth may only

France Passes 2026 Budget After Months of Political Deadlock

By admin February 3, 2026 No comment

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France’s 2026 budget has finally been approved after two no-confidence motions failed in the National Assembly, bringing an end to months of political uncertainty. Prime Minister Sebastien Lecornu, leading a weak minority government, secured the passage of the budget with targeted concessions to Socialist lawmakers, including delaying an unpopular pension reform. Lecornu

France PM Pushes 2026 Budget Through Without Vote

By admin January 20, 2026 No comment

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French Prime Minister Sebastien Lecornu announced that he will use Article 49.3 of the Constitution to pass the 2026 budget without a parliamentary vote, after securing enough support to survive an expected no-confidence motion. Lecornu expressed regret for going back on his previous promise to avoid this procedure but said it was necessary to finalize […]

German Investor Confidence Hits Nearly Five-Year High on Growth Hopes: ZEW

By admin January 20, 2026 No comment

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German investor confidence jumped sharply in January to its highest level since August 2021, according to the ZEW economic research institute, signalling rising optimism about Europe’s largest economy. The ZEW expectations index climbed to 59.6 points, far exceeding market forecasts of 50.0 and up from 45.8 in December, as investors grew more hopeful that 2026 […]

Germany to cut green spending to meet budget rules

By admin December 14, 2023 No comment

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German Chancellor Olaf Scholz has announced that his coalition reached an agreement on the budget following a month of crisis talks. The decision comes after Germany’s constitutional court declared next year’s budget illegal for violating laws on new borrowing. The government plans to adhere to low deficit commitments by cutting certain green subsidies,