
Romania’s Economic Fork in the Road
Facing a major budget gap, Bucharest must choose: fix the deficit or launch a broader economic rescue. So far, Prime Minister Bolojan has shown little leadership to do either.

Facing a major budget gap, Bucharest must choose: fix the deficit or launch a broader economic rescue. So far, Prime Minister Bolojan has shown little leadership to do either.

Slovakia faces the same budget dilemma as Germany. Whether Prime Minister Fico will match Chancellor Merz’s bold move to announce an end to the welfare state remains to be seen.

Chancellor Merz has conceded that Germany can no longer sustain its expansive welfare state—a fiscal surrender to economic reality that other nations may soon be forced to replicate.

The chancellor navigates a delicate path between coalition demands and AfD voter appeal.

As some countries ramp up social benefits to strengthen emerging welfare states, others are scaling back in a bid to rein in systems that have grown beyond what their tax bases can sustain.

While thousands returned after the fall of the Assad regime, many more Syrians are reluctant to give up their government-supported lives.

It may come as a surprise to many Europeans just how benevolent the American welfare state is. It may even surprise many Americans.

Sweden, one of Europe’s most entrenched socialist welfare states, is falling behind conservative Hungary in essential economic categories.

It would be surprising if even half of the European NATO members could expand defense spending as much as the alliance requires.

Rising defense spending will cause fiscal fights in many NATO countries. In Spain, the tension between social benefits and military outlays is perhaps more pointed than anywhere else.