French PM Bayrou proposes slashing two public holidays to reduce national deficit

France’s public deficit hit 5.8% of GDP in 2024, totalling €168.6 billion, a figure well above the maximum allowed by EU rules. France’s Prime Minister François Bayrou has outlined plans to cut €43.8 billion from the national budget, warning that … Read More

Few see EU as world’s top economic power despite its relative might

The European Union ranks as the world’s second-largest economy by gross domestic product, but few people globally see it as an economic leader ahead of China or the United States, according to a recent Pew Research Center survey. Across the … Read More