Germany has proposed major pension reforms to address the financial strain of its ageing population and ease the long-term burden on younger workers. The plan includes creating a Swedish-style pension fund with mandatory contributions from employers and employees, while gradually increasing the retirement age from 67 in the early 2030s to around 70 by the […]
Italy’s national statistics bureau ISTAT has slightly lowered its economic growth forecast for 2026, projecting gross domestic product (GDP) growth of 0.7%, down from the 0.8% estimate issued in December. The agency also expects the economy to expand by 0.7% in 2027, supported by stronger-than-expected performance in the first quarter, when GDP rose 0.3% from […]
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


