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Debt crisis

Economy

Eurozone debt map flips as borrowing costs upend expectations

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Markets

Euro hits 17-month low on French debt fears and Spanish turmoil

The euro slid to its weakest level against the US dollar since May 2025 on Monday, as France's debt troubles and Spain's political turmoil, capped by a snap election call, fuelled fears of a fresh eurozone crisis and of contagion across the bloc's bond markets.

Economy

France's borrowing rate keeps rising, hitting its highest level since 2002

The new rise in France's ten-year borrowing rate, now close to 5%, shows investors' mounting distrust of a public debt that keeps climbing.

Europe News

Can French debt be cancelled? Mélenchon’s proposal sparks debate

Mélenchon’s call to cancel part of France’s debt heats up the presidential race, with prominent French banker Matthieu Pigasse backing the proposal.

Economy

Poland among EU's fastest-rising public debt countries

Poland is now among the fastest-indebting countries in the European Union. According to the latest Eurostat data, only Finland and Bulgaria recorded a larger increase in the public debt-to-GDP ratio in the first quarter of 2026.

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Europe News

Spain pitches €850bn per year in common EU borrowing

Spanish Economy Minister Carlos Cuerpo will pitch a new common debt mechanism ahead of a meeting of euro-area finance ministers in Brussels on Thursday.

Economy

Venezuela plans biggest debt restructuring ever

Delcy Rodríguez’s interim government plans to acknowledge a $240 billion debt, far above market estimates, in a bid to return Venezuela to global markets.

Europe Today

'Europe's unity is our strength,' EIB chief Calviño tells Euronews

European Investment Bank President Nadia Calviño told Euronews' morning show Europe Today that the EU should stick together after the US administration claimed the bloc was weak and in decline. She further argued that Europe must become stronger and simplify its economy.

Economy

US borrowing expected to rival Europe’s most indebted states, says IMF

The United States is on track to record the steepest debt increase among major economies, according to the IMF — surpassing levels in Italy and Greece for the first time this century.

Economy

Illness tops job loss as Germany’s biggest debt trigger

A new report finds health-related problems now account for nearly one in five overindebtedness cases in Germany, outpacing unemployment and divorce.

Climate

Two European countries in ‘red zone’ of climate finance vulnerability

It provides a more realistic picture of risk, and could help direct support to countries “living one disaster away from crisis.”

EU Decoded

Is debt justified to increase defence investments?

First it was vaccines, then gas and now the EU will make joint purchases of defence equipment. This latest emergency is due to Russia’s war in Ukraine and the prospect of less investment by the US in Europe's protection. Is the new financial instrument Security Action for Europe up to the challenge?

Business

WeightWatchers files for bankruptcy in a bid to cut its debt

The publicly traded wellness company, which has been struggling to keep its business afloat, announced plans to file for bankruptcy as part of a reorganisation plan with a group of its lenders.

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.

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.

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.

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.