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عين ليبيا
European economies face record debt in 2026
In the first quarter of 2026, 16 member states of the European Union recorded unprecedented record levels of public debt, with the total debt rising to €15.705 trillion (approximately $373.1 billion). France, Italy, and Germany were among the largest countries experiencing significant increases in their debts, driven by higher public spending and funding economic support programs amidst economic challenges such as slowed growth and rising interest rates. These increases in public debt raise concerns about the future financial stability of the European Union, emphasizing the need for a balance between supporting the economy and reducing debt levels to ensure fiscal sustainability.
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