
Making Greece Great Again
After losing 25% of its economy to austerity policies, Greece has been suffering in poverty for a decade. Now, starting with a promising idea, the government in Athens aspires to rebuild the country.

After losing 25% of its economy to austerity policies, Greece has been suffering in poverty for a decade. Now, starting with a promising idea, the government in Athens aspires to rebuild the country.

The European Commission is scrambling to overcome Belgian resistance to a Ukraine reparations loan that would tap immobilised Russian assets—and likely harm any ongoing peace initiatives.

When the next major fiscal crisis hits, Europe’s credit-challenged governments will pull down the banks with them. A crisis bigger than the one 15 years ago can no longer be ruled out.

The loan may grow to almost double its original size and it will not be cheap for Europe.

Like a rudderless ship, France is sailing straight for the same cliffs that broke the Greek economy 15 years ago. Will President Macron meet his Waterloo in the hallowed hallways of the IMF?

Political uncertainty in France is causing concern in the euro zone’s financial sector.
Chief economist issues stark warning: without urgent reforms, France could lose control of its own budget.
The IMF says Ukraine’s bailout program is “on track” despite ongoing war and surging inflation.

Global public debt could surpass 100% of GDP by the end of the decade, levels not seen since World War II.
The International Monetary Fund expects that more than a third of the world’s economies will see a rise in indebtedness this year.