debt crisis
- Europe
Austrian property mogul Rene Benko held on suspicion of fraud
This article was originally published in German The magnate was arrested on Thursday on suspicion of falsifying an invoice and trying…
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Developing economies have greater challenges ahead, warns World Bank
Weak investment and climate change threaten growth in developing economies after a period of strong expansion. ADVERTISEMENT By the end…
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What could shape the markets in 2025? Here’s what the analysts think
After a year of new records on the stock market, 2025 is expected to bring more rallies. But what are…
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World Bank: Developing countries spend record amount on foreign debt
Poorer economies are limiting investments in health, education, and the climate to avoid default and repay foreign lenders. ADVERTISEMENT Developing…
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Eurozone sovereign debt crisis? ECB warns of fiscal and growth risks
The ECB warns of mounting eurozone sovereign debt risks in its latest review, citing high debt levels, fiscal slippage, and…
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OECD: Belgium needs to cut public spending to reduce debt and deficit
The debt keeps swelling and if no action is taken, the OECD warns, it could reach 200% of the GDP…
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