Tag: debt

EU Public Finances Improving

For the EU as a whole, total government debt declined from the fourth quarter of last year to the first quarter of 2022. Three countries with large deficits saw significant improvements, and twelve experienced a reduction in their deficits.

Sanctions Force Russia Debt Payment Default

The default has been reported as “mostly symbolic” of “the worst economic contraction” in Russia in many years; Russian President Vladimir Putin has a different account of the Russian economy.