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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.

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?

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.

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.

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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.

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.

Earth 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.

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.

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.

Earth 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.

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.

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.

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.

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.

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.

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.

Earth News

‘Knife edge’: Campaigners urge G20 to act on climate

The G20 summit opens in Delhi tomorrow. What does it mean for the climate?

USA

US Senate avoids default in vote on debt ceiling and spending cuts

The US Senate has avoided a government default by passing a bill to lift the debt ceiling and introduce spending cuts days before its Monday deadline.

Economy

Germany and Netherlands push for minimum debt targets for EU countries

The European Commission has said it would present legislative proposals "in the coming weeks" to advance the political debate.

Culture news

Euronews Culture’s Horror-a-thon: Day 3 - Sell Your Body

What’s more terrifying than debt? Jaanelle Yee's 2017 horror short film is a darkly hilarious commentary on dating app culture, student debt, as well as a millennial twist on a classic urban legend...