Europe’s defense awakening needs a second engine

The EU’s new defense lending scheme is a breakthrough moment — but it must be matched by a financial arm to support industrial capacity.

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France breathes a bit easier as Fitch affirms credit rating

Rating agency keeps negative outlook as “political deadlock and polarization” complicate the government’s effort to tackle debt.

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Development banks as key players in defense financing

Bank Gospodarstwa Krajowego and other national promotional bank institutions’ experience is readily available to leverage military expenditure in Europe.

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Von der Leyen signals ‘extraordinary’ measure to boost EU defense spending

The move would offer national capitals more room to increase defense spending.

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French PM Bayrou braces for 4 no-confidence votes in a week

It’s a high-wire week as votes on the first two motions are expected Wednesday.

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French budget passes key hurdle, setting up high-stakes showdown next week

In a sign that bodes well for Bayrou, Socialist party leaders welcomed the agreement.

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French far right accuses Barnier of ‘crying wolf’ and downplays consequences of potential government collapse

The far-right National Rally accuses the PM of fueling fears of a financial catastrophe.

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France needs to cut over €100B so it doesn’t end up like Italy

Economists say country still in “control of its own destiny” but government must act fast.

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Eurozone debt keeps climbing

Amid political chaos, France’s debt has increased.

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