S&P has downgraded France’s credit rating, spotlighting growing worries over skyrocketing debt and mounting fiscal pressures. This move highlights rising doubts about the nation’s ability to manage its swelling public deficits amid persistent economic hurdles

France is facing mounting fiscal pressures as its debt climbs and economic growth slows to a crawl. Experts suggest that Italy’s recent budget reforms and stringent austerity measures offer valuable lessons that could help Paris stabilize its economy and regain the trust of investors

The fall of yet another French premier has thrown the nation into even deeper political chaos, complicating efforts to address the mounting debt crisis. Amid structural deficits, soaring public spending, and sluggish growth, France’s financial challenges are reaching a critical tipping point

Italy is firmly committed to keeping its budget deficit at 3% of GDP this year, showcasing a resolute dedication to fiscal discipline amid ongoing economic challenges. This goal aligns seamlessly with EU guidelines, carefully balancing the drive for growth with prudent debt management

UK Labour leader Keir Starmer emphasized the need for “firm and fair” action to address the nation’s soaring debt. He called for balanced policies that not only secure economic stability but also protect essential public services, Reuters reports

A fresh analysis sets Canada and the U.S. head-to-head in a dramatic showdown over government spending, asking: which nation is the real budget “basket case”? Skyrocketing deficits and growing debt fuel a fiery debate on fiscal responsibility across North America

Germany is staring down a massive €170bn budget gap, even after heavy borrowing, raising serious concerns about its fiscal health. This shortfall highlights the growing hurdles for Europe’s largest economy as it struggles with soaring costs and sluggish growth

UK borrowing has surged dramatically as soaring inflation drives debt servicing costs to unprecedented levels, Reuters reports. With interest rates climbing steadily, the government is under increasing fiscal strain, raising serious concerns about the country’s long-term economic future

Japan is gearing up to reduce sales of super-long government bonds in its upcoming fiscal year revision, striving to better control debt issuance and foster greater stability in the market, Reuters reported via Investing.com

Germany has reached a landmark agreement on a fiscal package that includes significant changes to its debt brake policy. This reform aims to enhance budget flexibility while ensuring fiscal stability, addressing both economic challenges and future investments.

Germany’s Bundestag has approved a significant reform of the “debt brake,” a constitutional rule limiting government borrowing. This measure aims to provide greater fiscal flexibility for investment while maintaining economic stability amid global challenges.