Meloniโs 2025 budget appeases Brussels but raises specter of austerityย
Critics complained that the spending plan prioritizes political concerns over desperately sought funds for strained public services.
sovereign debt
ECB faces tough task after flip in fortunes for eurozone economies
Economists say EU countries hardest hit by 2010s debt crisis now in stronger position than France and GermanyThe European Central Bank is facing a tough balancing act in 2025 as it tries to navigate a reversal of fortunes in eurozone economies, as the …
Eurozone faces no 2010 wildfire, but a slow-burn decline
The firefighters who put out the blaze a decade ago argue that fears of a eurozone implosion are overblown โ but admit that that may not stop a slow and painful European economic demise.
Easy does itย โย ECB can keep cutting gradually in December, says Croatiaโs Vujฤiฤ
Political uncertainty stalking the eurozone, however, is best navigated with a meeting by meeting approach.
French political crisis: Everything you need to know
The collapse of Barnier’s government could plunge the eurozone into turmoil.
EU cross-border bank mergers pose real risks, Nagel warns
Key among the risks is the lack of a common deposit guarantee scheme, which could leave customers exposed.
Who is Maria Luรญs Albuquerque, the likely next EU financial services commissioner?
European Commission President Ursula von der Leyen entrusted a financial portfolio to a woman known for administering tough fiscal discipline during Portugal’s sovereign debt crisis.
Secretive Draghi is echoing Soviet Union restructuring
Like Gorbachev’s Perestroika, the report from the former ECB chief could herald a change of historic proportions. It’s far less innocuous than it sounds.
Europeโs Draghi report unleashed: These are the 5 things to watch
A blueprint to make the EU more competitive with the rest of the world is published on Monday. It’s likely to prove controversial.
Ukraine agrees $11bn debt deal
President Zelenskyy has negotiated one of the fastest and biggest sovereign debt workouts in modern history
Investors too confused by French election to panic โ yet
Markets will certainly make their position known if politicking threatens to stretch public finances.
How French financial chaos could end Meloniโs market honeymoonย
Meloniโs careful stewardship of the Italian economy has been rewarded by Europeโs famously fickle financial markets. But chaos across the Alps could draw unwanted attention to Italyโs huge debt pile.ย
Switzerland cuts key interest rate again as EU turmoil sends franc surging
The euro’s weakening since the EU election has struck an uncomfortable chord at the Swiss National Bank.
EU bonds fall after MSCI declines to include them in sovereign debt indices
Decision by index provider hits Brusselsโ efforts to widen pool of investors in its debt
S&P cuts Franceโs credit rating on deficit overshoot
Standard & Poor’s cut its rating on France’s sovereign debt on Friday (31 May), delivering a painful rebuke of the government’s handling of the strained budget days before an EU parliamentary election.