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Dec 2025
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Scope Ratings: Ηigher defence spending a “headache” for the EU, but not for Greece

Higher defence spending would lead to higher borrowing and a worsening debt-to-GDP path in most EU countries & thus to a weaker sovereign credit profile

BoE: Cash primary surplus of 1.8 billion euros in January

The cash result of the central administration showed a surplus of EUR 560 million

The budget kicked off with a primary surplus of €2 billion

409 million overrun in tax revenues - Government expenditure reduced by €665 million

France: A new government crisis is on the horizon in the country over the 2025 budget

Turmoil after Bayrou announces that the new state budget will be ratified without the approval of the French National Assembly

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