Germany approves 2026 budget with borrowing set to triple
Germany's cabinet on Wednesday approved a draft 2026 federal budget featuring record investment of €126.7 billion…
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defence spending
Italy seeks EU defence fund support to meet spending target
Italy has asked to access the European Union’s new arms-buying fund to help finance its rising defence commitments,…
Von der Leyen: €2T EU budget designed for ‘new era’
The European Commission on Wednesday unveiled a €2 trillion proposal for the 2028–2034 Multiannual Financial…
Sterling rises on economic data, defence spending eyed
Sterling strengthened on Monday as investors digested upbeat UK economic data and the government’s plans to boost…
Greece seeks EU exemption for 2026 defence spending
Greece will request an exemption from the European Union’s budget rules to allow for increased defence spending in…
Central Europe faces fiscal crunch amid rising tariffs – Moody’s
Central Europe’s ability to cushion the economic blow from rising global tariffs is limited by high deficits and…
OECD: Global debt surges to $25t in 2024
Governments and corporations borrowed a record $25 trillion from markets in 2024, $10 trillion more than pre-COVID…
Poland’s finance minister pushes for rate cuts to spur investment
Poland’s finance minister, Andrzej Domanski, criticised communication issues with the central bank while advocating…