Official data reveals that Britain’s debt pile has expanded at an accelerated rate compared to most EU countries, with the exception of France, since the onset of the pandemic. The Office for National Statistics reports that the UK government debt has risen from 85.5% of the gross domestic product (GDP) in the last quarter of …
The EU referendum, undoubtedly the most significant democratic decision of our time, carries vast implications for future generations. It forces us to introspect and contemplate the kind of nation we aspire to be. Will we continue to be outward-looking, collaborating with others to achieve greater success? Or will we shut ourselves off from our friends …
Another debt crisis is looming in Europe. Greece urgently needs European creditors to release funds from a 2015 bailout agreement in order to fulfill its debt obligations. However, officials are at odds, raising concerns among investors and leading to demands for higher returns on Greek debt. To make matters worse, the International Monetary Fund has …