Russia's federal budget deficit widened to 5.88 trillion rubles (about 79.24 billion U.S. dollars) in the first four months of 2026, the Russian Ministry of Finance said Friday.
The head of Romania’s Treasury, Stefan Nanu, ruled out the risk of a sovereign downgrade “if the measures of the last 10 ...
According to the Russian Finance Ministry, the high deficit figures at the beginning of the year are primarily due to accelerated financing of expenditures ...
By Ben Aris in Berlin The Iran war has arrived at the worst possible fiscal moment for most of the world's major economies.
By Ben Aris in Berlin How can Europe cover the$100bn the war in Ukraine costs? The EU just signed off on a €90bn loan for ...