In Transylvania, fear haunts Romaniaโs troubled democracyย
The birthplace of modern Romania is losing faith in politics, 36 years after Communism fell, amid threats of reprisals at Sundayโs election.
rating agencies
Macronโs conservative allies warn against diluting pension reforms in 11th hour talks
The French government has shown openness to revisiting the 2023 law changing the retirement age in exchange for tacit support from the center-left.
Western investors โstupidโ to shun arms industry, says Nato official
Rob Bauer calls on banks, pension funds and rating agencies to change outdated policies in face of rising threats
Budget will be key to Barnierโs survival
The French prime minister understands the scale of the emergency heโs been confronted with โ and that it will determine the fate of his minority government.
Macronโs high-risk election puts Franceโs economy on the line
The rise of the far right is sending tremors through financial markets and could push French debt deeper into the danger zone.
France hit by ratings downgrade despite spending-cuts crusade
Finance Minister Bruno Le Maire said the downgrade was the price to pay for bolstering the economy with public support during the pandemic and the inflation crisis.
Moodyโs to reassess EIB credit rating in case of larger defence investment
Credit rating agency Moodyโs is ready to look into the potential credit score implications of the European Investment Bank’s expected expansion into a broader range of defence and military assets, Euractiv understands.
France gets a reprieve on credit rating, but doubts persist on fiscal outlook
Moody’s and Fitch keep assessments unchanged, but are cautious on French government’s ability to meet deficit targets.
Portugalโs outgoing finance minister hopeful new government will maintain stability
Financial rating agencies have no reason to worry about Portugalโs future financial stability, outgoing Finance Minister Fernando Medina said on Monday, as he expressed hope that the centre-right Democratic Alliance, which won a narrow victory in Sunda…
EU agrees โhistoricโ ESG regulatory deal
The European Parliament and Council have agreed a provisional deal on “historic” legislation aimed at ensuring greater transparency and public oversight of environmental, social, and governance (ESG) rating agencies.
Eurozone likely in recession, PMI surveys show
The downturn in eurozone business activity surprisingly deepened in December, according to closely watched surveys which indicated the bloc’s economy is almost certainly in recession.