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Economy
Could France’s debt troubles tip Italy into recession?
Rising borrowing costs and political uncertainty are putting France’s finances under pressure. Oxford Economics warns that a severe bond-market shock could push both France and Italy into recession in 2027, although a debt crisis remains outside its central forecast.
Russia
Russia woos Asian tourists to try and counter European visits collapse
EU tourist arrivals fell from 5 million in 2019 to 160,000 in 2025 as sanctions, cancelled flights and other restrictions due to Russia's ongoing war in Ukraine severed Western leisure travel, prompting Moscow to look east.