EU ECONOMIC POLICY

Europe’s economy is heading for tough choices in the next few decades. The International Monetary Fund (IMF) warns that without major changes, most EU countries will see their public debt nearly double by 2040. That means a country that now owes $100 for every $100 it produces could owe $200. The pr

When you look at the economy, you see the Central Bank of Europe just did something big. They chopped interest rates. This is huge. It's the fifth time they've done this in a row. Right now, the economy is moving slowly in Europe. That's why they cut the key rate.