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9 octombrie,
Prosperity on credit: Who pays the EU's bill?

COVER FIGURE: euro16.541 trillion - the total debt of the EU and its 27 member states as of March 31, 2026Prosperity on credit: Who pays the EU's bill?

George MarinescuEnglish Section / 9 octombrie

• According to Eurostat, at the end of the first quarter of 2026, the national public debt of the 27 EU member states stood at euro15.7046 trillion • In addition to that debt, Eurostat notes that the EU has outstanding loans totaling euro836.8 billion, contracted up to June 30, 2026 • According to the report dated October 8, 2026, auditors from the European Court of Auditors estimate that the Union's public debt will exceed euro1 trillion by the beginning of 2027  

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Photo source: facebook/ Şantierul Naval Mangalia S.A.

Mangalia Shipyard: Four tenders without Rheinmetall

George MarinescuEnglish Section / 2 octombrie

The government agreed to increase the payment-using funds secured through the SAFE program-for four military vessels, with the aim of saving the Mangalia Shipyard, which is currently undergoing bankruptcy proceedings. Unfortunately,...

IMF Philosophy Under Review: Implications for Us

IMF Philosophy Under Review: Implications for Us

Florian GoldsteinEnglish Section / 28 septembrie

The revision of the rules governing how the Fund designs lending programs and sets the conditions states must meet to receive funds was publicly announced on Thursday, September 24, in IMF Press Release No. 26/299. This move comes against the...

Country names change more often than one might think

Country names change more often than one might think

Octavian DanEnglish Section / 25 septembrie

Changing a state's name is not merely a matter of vocabulary, nor is it as rare an occurrence as one might imagine. From decolonization and breaking with the past to redefining national identity, numerous countries have changed the names by...

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