‘The financial crisis is inevitable’, warns former French PM François Bayrou
"Next year, the totality of income tax paid by the French will not suffice to pay the totality of the interest on the debt.
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"Next year, the totality of income tax paid by the French will not suffice to pay the totality of the interest on the debt.
The sector's overall deficit narrowed from €2.9 billion in 2024 to €2.
The rising debt in Poland has been driven by one of the fastest growing budget deficits in the EU.
France’s public debt has reached a new record high of €3,460.
Greece completed an early repayment of €5.
Italy's president said there was an "inescapable need" to bring down the country's mammoth public debt, but warned on Friday that markets' perception was a "questionable"…
Italy will now still be stuck with a debt burden above 140 per cent of gross domestic product even in five years’ time, according to the International Monetary…