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05
Dec 2025
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Upgrade by Scope Ratings: steady growth and fiscal discipline bring positive outlook for Greece

Scope Ratings confirmed Greece’s BBB credit rating citing strengthened economic resilience despite long-standing debt challenges and external imbalances — and upgraded the country’s outlook to positive from stable

Sweden: We are increasing the defense budget by $2.87 billion, says Ulf Kristersson

Defense spending will now reach 2.8% of Sweden’s GDP – Swedish authorities estimate it will rise to 3.1% by 2028

More than 15% of French people living below the poverty line

The results are unprecedented for the last 30 years

US: GDP contracted by 0.5% in the first quarter of 2025 – The decline was larger than expected

Lower than expected consumer spending and exports

Starmer’s commitment to increase defence spending to 5% of GDP by 2035

"The decision to allocate 5% of GDP to national security is an opportunity to strengthen our contribution to NATO and invest in security"

Spain pledges to meet the NATO target of 2% of GDP for defence spending by 2025

"Spain will contribute to the defence of Europe", said Pedro Sanchez

Surprise Primary Surplus of €11.4 billion (4.8% of GDP) for 2024

Significant overachievement of the government's surplus target – What ELSTAT figures show

OECD lowers global growth forecasts due to trade tensions

The organization now expects global GDP to grow by 3.1% in 2025, down from its 3.3% forecast in December

Well over 3% of GDP must be increased in defence spending by NATO states, says Mark Rutte

The NATO Secretary General also stressed that strong security guarantees will be needed to achieve a lasting peace for Ukraine

“It’s a lot of money,” says Scholz about Trump’s proposal to increase NATO members’ defense spending to 5%

"I believe it's better to focus on what NATO has long agreed upon," said Scholz

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