Following the global financial crisis of 2008, several European countries – Portugal, Italy, Ireland, Greece and Spain – faced high public debt, weak economic growth and fragile banking sectors.These ...

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off.

European Union officials may cut growth forecasts for 2026 in the coming week in an assessment of damage to the region’s ...