Debt crisis

Economy

IMF reaches a deal with troubled Argentina on bailout worth €18bn

The bailout provides a welcome reprieve to President Javier Milei as he seeks to overturn the country's old economic order.

09/04/2025

Economy

European stocks, euro rally as Germany strikes historic debt deal 

Germany’s next chancellor, Friedrich Merz, struck a deal to loosen borrowing limits, unleashing €500 billion for defence and infrastructure. Markets surged, while analysts debated its impact on inflation and ECB rate policy.

14/03/2025

Economy

Chancellor hopeful Merz open to reform of Germany's debt brake

The CDU leader said that Germany may need to loosen its debt limit to finance defence spending, although other solutions should be prioritised.

10/02/2025

Business

Austrian property mogul Rene Benko held on suspicion of fraud

The magnate was arrested on Thursday on suspicion of falsifying an invoice and trying to hide assets from creditors, according to prosecutors.

23/01/2025

Economy

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.

17/01/2025

Markets

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 the key factors that could move market sentiment in the new year?

25/12/2024

Economy

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.

03/12/2024

Economy

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 weak growth.

20/11/2024

Economy

French debt soars reinforcing concerns about its budgetary control

France's borrowing of €68.9 billion in the second quarter of 2024 has added to the country's debt pile reinforcing concerns about its budgetary control.

27/09/2024

Economy

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 by 2050.

25/09/2024

Green News

Why has Grenada enacted the so-called hurricane clause?

In July, the country was pummelled by winds of up to 240 kilometres an hour which razed whole neighbourhoods and downed power lines.

22/08/2024

Business

French IT company Atos accepts Onepoint's restructuring plan

After weeks of mulling it over, French IT company Atos has finally decided to go with key shareholder David Layani and his IT company Onepoint’s restructuring offer, as opposed to Czech billionaire Daniel Kretinsky’s. Currently, Onepoint owns about 11% of Atos’ total shares.

12/06/2024

Economy

Experts call for restrained spending as global debt hits record high

Debt in emerging markets such as India and China and stubborn inflation in the US is putting pressure on funding costs.

10/05/2024

Green News

Record debt could delay climate adaptation, experts warn

The UN Environment Programme estimates that developing nations will need up to €364 trillion each year in public finance for climate adaptation this decade.

15/04/2024

Business

Does China's Evergrande have to pay back its $300 billion debts now?

The world’s most heavily indebted real estate developer has been ordered to undergo liquidation. But their assets don't cover their liabilities.

29/01/2024

Economy

Student loans in Europe: Is university worth the debt?

Euronews Business looks at how fees and support systems work in higher education in Europe, particularly in the UK. We also examine how the employment of recent graduates and salaries vary by educational level.

11/01/2024

Business

Drowning in heavy debt you can't afford? Here's some steps to consider

This is an expensive time of year for all of us but for those who are already feeling under the strain of financial pressure it can seem a desperate time.

26/12/2023

Business

China's Evergrande gets last chance to come up with new debt deal

Evergrande's liquidation hearing initially scheduled for Monday was adjourned by a Hong Kong court as the property developer's shares hit an all-time low.

30/10/2023

Markets

Property giant Country Garden defaults on dollar bonds

Country Garden, the biggest builder in the Chinese property market, has failed for the first time to pay $15.4 million interest on its dollar bonds.

25/10/2023

Markets

Billions at stake: Property giant Evergrande is facing new crisis

One of the world's biggest debt restructuring plans has been thrown into uncertainty raising fears of a major Chinese property crisis.

26/09/2023