Eurozone Budget Deficit: Defense Spending Drives Rising Debt

Eurozone budgets are breaking bad! After years of decline since 2020, the eurozone's budget deficit is predicted to rise, hitting 3.7% of GDP by 2026. Hear how defense spending fueled by the Ukraine war and infrastructure upgrades, especially in Germany (who are ditching their borrowing rules!), are driving the surge. Will France's rising deficit and political turmoil make things worse? Get the inside scoop on how national policies are reshaping the eurozone's financial future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.