These EU countries have the most government debt

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Johnny Wood, Writer, Formative Content Greece has the highest government debt-to-GDP ratio of any European Union member state, according to new figures from Eurostat, the EU’s statistical office. At the end of 2018, its debt stood at 181% of […]

OECD sees global growth slowing, as Europe weakens and risks persist

The global economy is slowing and major risks persist, with growth weakening much more than expected in Europe, according to the OECD’s latest Interim Economic Outlook.‌ Economic prospects are now weaker in nearly all G20 countries than previously anticipated. Vulnerabilities stemming from China and the weakening European economy, combined with a slowdown in trade and […]

Winter 2019 Economic Forecast: growth moderates amid global uncertainties

This article is brought to you in association with the European Commission. The European economy is expected to grow for the seventh year in a row in 2019, with expansion forecast in every Member State. The pace of growth overall is projected to moderate compared to the high rates of recent years and the outlook is […]

Autumn 2018 Economic Forecast: sustained but less dynamic growth amid high uncertainty

This article is brought to you in association with the European Commission. Growth in the euro area is forecast to ease from a 10-year high of 2.4% in 2017 to 2.1% in 2018 before moderating further to 1.9% in 2019 and 1.7% in 2020. The same pattern is expected for the EU27, with growth forecast at […]

The migration crisis is slowly melting the entire EU edifice

Last Sunday Hungary voted against the EU mandatory migration plan of accepting 1,294 asylum seekers from Italy and Greece but the referendum’s outcome was considered invalid because it didn’t reach the required threshold of 50%. Hence, it has no legal consequences and Hungary is obliged to follow the EU rules, which implies that the member […]

Draghi left alone with no hope of boosting EU growth as Merkel just focuses on next elections

It was last Monday when the president of the European Central Bank (ECB) discussed with members of the economic and monetary affairs committee at the European Parliament (EP) about the EU economy in the aftermath of the UK referendum, revealing that the euro area economy shows notable adjustment properties to the global economic and political uncertainty. […]