Irish Data Watchdog Plans Fine for Tinder Over GDPR Violations
Ireland's Data Protection Commission is reportedly planning to fine dating app Tinder between €8 million and €11 million following a GDPR probe launched in 2020.
200 stories found
Ireland's Data Protection Commission is reportedly planning to fine dating app Tinder between €8 million and €11 million following a GDPR probe launched in 2020.
Ten years after the destruction of the independent Constitutional Tribunal, Poland's public debt, referred to as "EDP debt" by the Ministry of Finance, has surpassed 60% of its GDP.

Poland's nominal GDP has reached 922.9 billion euros, making it the sixth-largest economy in the EU and on track to surpass Switzerland, according to new Eurostat data.

Lithuanian President Gitanas Nausėda's initiative for a long-term cross-party agreement on defense funding post-2030 has met with mixed reactions from politicians. The State Comptroller has suggested enshrining a commitment to allocate over 5% of GDP to defense.

Poland's nominal Gross Domestic Product (GDP) reached 922.9 billion in 2025, positioning it as the 6th largest economy in the European Union, surpassing countries like Belgium and Sweden, according to recent Eurostat data.

The Croatian government plans to categorize increased veteran pensions as a cost contributing to NATO objectives. This move aims to help Croatia reach a defense spending target of five percent of its GDP by 2035.

Cyprus' construction sector maintained strong growth in the first half of 2026, supported by new projects, rising property demand, and continued investment activity, according to a Eurobank Research report.

The OECD announced that household income growth slowed to 0.2%, with Hungary and Chile experiencing the largest increases, while the UK, Greece, and Austria saw significant declines. GDP per capita slightly accelerated to 0.3%.

Reducing the Paks nuclear power plant's output is costly, but the real blow to the GDP would come from forced restrictions on industrial production.
JPMorgan CEO Jamie Dimon stated that the significant investment in artificial intelligence by companies is likely to yield positive returns, noting its boost to US GDP and job creation.

According to Frankfurter Allgemeine, the energy crisis poses a significant stress test for the Hungarian government, potentially impacting the country's GDP if industrial and transport restrictions persist, while the government pursues pragmatic relations with Moscow.

China's Politburo has outlined economic priorities for the second half of the year, following a significant slowdown in GDP growth to 4.3% in the second quarter, the weakest since late 2022. The country's economic future may depend on the actions of migrant workers.

Luís Montenegro, a Portuguese politician, has downplayed the significance of Portugal's public debt, which currently stands at 92.9% of GDP. He expressed confidence that the year-end results would "surprise" positively.
An editorial discusses why 'touristification' might be weighing less on Portugal's GDP, suggesting that the country's economy is diversifying, though it's too early for definitive conclusions.
Tourism consumption in Portugal, encompassing both domestic and international tourist spending, increased by 4.9% in 2025, which is below the national GDP's nominal variation of 5.9%, according to INE.

An analysis explores why the impact of Artificial Intelligence is not significantly reflected in GDP growth statistics, despite its real revolutionary potential across various sectors.

Hong Kong authorities plan to increase the city's full-year economic growth forecast following a stronger-than-expected performance in the first half of 2026, with pledges to further promote the global use of the yuan.

While the Eurozone's public debt rose to 88.9% of GDP and the EU's to 82.9% by Q1 2026, Serbia pays higher interest rates on its public debt. Last year, each Serbian citizen paid 28,000 dinars in interest on the state's debt.

Thailand's Finance Minister Ekniti Nitithanprapas announced the government's goal to raise total investment to 30% of GDP within the next 12 years, aiming to escape the middle-income trap and achieve high-income status.
The United States experienced a slowdown in GDP growth, reaching 1.5% in the second quarter of 2026, a period marked by the ongoing war in Iran.

Serbia's real Gross Domestic Product (GDP) increased by 3.6 percent in the second quarter of the year, according to a flash estimate from the national statistics office. This indicates continued economic growth for the country.

Georgia's real gross domestic product (GDP) saw an 8.6% year-on-year increase in June 2026, according to rapid estimates from the National Statistics Office. The average real GDP growth for January-June reached 7.9%.
The second quarter GDP was characterized by red-hot inflation and strong inflation-adjusted domestic private-sector demand, although soaring imports, a drop in federal spending, and changes in private inventories impacted growth.

The US economy experienced a surprise slowdown in the second quarter, growing at an annual rate of 1.5% in the three months to June, a decrease from the 2.1% recorded in the previous quarter.

The U.S. GDP grew by 1.5 percent in the second quarter, a decrease from the 2.1 percent increase in the first quarter, as the economy faces pressure from inflation and trade deficits.

The Eurozone's GDP expanded by 0.4% in the second quarter of 2026, surpassing forecasts of 0.2%, with Germany, France, Italy, and Spain all recording growth despite pressures related to Iran.

Germany's Gross Domestic Product (GDP) has shown a 0.9% growth year-over-year, indicating economic expansion.

Serbia's public debt stood at approximately 41.14 billion euros at the end of May this year, representing 43.7 percent of the gross domestic product (GDP), as announced by the Ministry of Finance.

Economists predict that Hong Kong's export surge will persist in the coming months, fueled by the global AI boom, potentially leading to GDP growth surpassing official forecasts.
Economists from the Bank for International Settlements (BIS) caution that the rapid growth of AI could complicate monetary policy decisions, making it challenging for central banks to assess its impact on GDP and inflation.

Slovak Prime Minister Robert Fico reassured voters that Slovakia's public finances are stable, citing a public debt of 62.5% of GDP. However, an economic news filter argues that Slovakia is not better off than countries like Germany, Austria, or Finland.

Economists in North Macedonia are providing new GDP and inflation estimates amidst uncertain EU integration and external risks, as the government again reduced excise duty on oil derivatives to curb inflation.

Malaysia's Economy Minister Akmal Nasir Nasrullah stated that his ministry must address the perception gap between GDP figures and the lived reality of the people.

The rich world is likely to see a further decoupling of wages and productivity, a trend accelerated by the impact of AI and a declining labor share of GDP.

Malaysia's economy grew by 5.8 percent in Q2 2026, an increase from 5.4 percent, according to recent GDP estimates.

China's foreign trade reached a record high in the first half of the year, with its GDP increasing by 4.7% during the same period. This growth indicates a strong performance in the country's external economic activities.

Ghana's Finance Minister presented the 2026 Mid-Year Budget Review, facing immediate criticism from the Minority and various stakeholders regarding economic claims, debt figures, and the impact on citizens.

A year after the Hague NATO summit, where members agreed to allocate 5% of GDP to defense by 2035, official NATO data shows Lithuania is ahead of many members in reaching this new goal, with an expert explaining the breakthrough.

Shadow Health Secretary Wes Streeting has stated that increased defense spending would boost UK economic growth. However, he has refused to commit to the ambition of increasing defense spending to 3% of GDP.

Steve Forbes and Stephen Moore argue that America must free its airwaves, suggesting that the FCC's new 'super band' auction could generate $264 billion for the GDP and support 1.5 million jobs without new taxes.

Greece's economic team is targeting a reduction in public debt, both as a share of GDP and in absolute terms, for a third consecutive year by 2026, while also exceeding its fiscal surplus targets.
Poland's GDP could increase by at least 370 billion PLN annually if employees were more engaged in their work, highlighting a potential economic gain from improved workplace loyalty and understanding.

Greece has achieved the largest reduction in public debt across Europe, with its debt-to-GDP ratio falling to 143.5%, according to Eurostat data. This performance positions Greece as a leader in fiscal improvement.
Poland, alongside Finland and Bulgaria, is among the European Union countries with the highest increase in public debt relative to GDP at the end of the first quarter of 2026, according to Eurostat data.
The Takaichi administration decided on its first 'Basic Policy' on July 21, outlining a fundamental shift in economic and fiscal management to achieve a 'strong economy' and stabilize the debt-to-GDP ratio.

From pharmaceuticals to space, the synergy between human intelligence and artificial intelligence is already yielding significant results, promising to boost corporate productivity and national GDP.

An opinion piece discusses President Tinubu's ambitious target of a $1 trillion GDP for Nigeria, reflecting on the challenges and public perception in an increasingly digital world.

Labour MP Karl Turner lauded Andy Burnham, describing him as humble and charismatic, and criticized Amazon for paying low taxes while advocating for fairer economic policies and highlighting Brexit's negative impact on the UK's GDP.

Malaysian Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim stated that the government is mindful that many Malaysians and Micro, Small, and Medium Enterprises (MSMEs) continue to struggle economically. This acknowledgment comes despite the country's second-quarter GDP growth surpassing forecasts.
Malaysia's Economy Minister has cautioned against complacency, even as preliminary data indicates the country's economy remained resilient with a 5.8% GDP growth in the second quarter.

Prime Minister Shehbaz Sharif stated that the agriculture and livestock sectors are crucial for Pakistan's rapid economic revival, contributing significantly to GDP and employment.

Romania's current account deficit decreased by 1.1 percentage points year-on-year, reaching 7.6% of GDP in the 12 months leading up to May.

Ghana's Finance Minister, Dr. Cassiel Ato Forson, has instructed the Ghana Statistical Service (GSS) to prioritize the rebasing of the country's Gross Domestic Product (GDP) and Consumer Price Index (CPI), deeming these exercises crucial for strengthening economic data.
Poland's Supreme Court has ruled that a bank overcharged borrowers by 40,000 PLN, setting a precedent for similar cases. Separately, the processing of excessive information about hunters was found to violate GDPR by the Supreme Administrative Court.

Asian stock markets largely advanced, buoyed by cool U.S. CPI data, even as investors navigated concerns over weak Chinese GDP figures and ongoing conflict risks involving Iran.

SoftBank's Masayoshi Son has projected that artificial intelligence will be responsible for driving 20% of the global GDP by the year 2040, highlighting its transformative economic potential.
China's GDP growth is projected to slow, leading to increased expectations for further economic stimulus measures. The anticipated slowdown highlights challenges in the Chinese economy.
China's Gross Domestic Product (GDP) growth is projected to slow, leading to increased expectations for the government to introduce further economic stimulus measures.

An article from Delo questions the relentless pursuit of GDP growth and hyperproduction, suggesting it no longer leads to prosperity but rather to self-destruction. It ponders the place of humanity within this economic equation.
A Chief Investment Strategist notes that nearly 3% of GDP is being spent on AI, with stock markets seemingly unaffected by global conflicts due to this 'astronomical investment.'
The National Bank of Poland has published a new inflation projection, forecasting inflation at 2.9% by the end of 2026 and GDP growth at 3.7%, with inflation expected to be 2.7% by the end of 2027.

Malaysia's Ministry of Finance announced that the federal government's statutory debt level is expected to stay below 65% of GDP by 2026, attributed to ongoing cost-control measures.

The Nigerian government aims to expand the mining sector to N30 trillion by 2030, with calls for timely funding of road infrastructure to support economic growth. This initiative seeks to boost the nation's GDP through mineral resources.
Discussions at NATO have highlighted significant disparities in defense spending among member states, with some nations investing considerably more of their GDP than others. This raises questions about equitable burden-sharing within the alliance.

President Trump concluded the NATO summit, emphasizing extraordinary unity among members despite earlier criticisms, and highlighting increased defense spending commitments from several nations. Discussions also touched on regional issues, including Israel's potential troop withdrawal from southern Lebanon and the situation in Iran.

Global capital expenditure on semiconductors is catching up to oil capital expenditure as a percentage of GDP.
According to the IMF, the global economy has so far avoided a steeper slowdown despite the war, as strong demand linked to the technology sector has helped offset the impact of reduced energy…

Pakistan's fiscal position for FY26 appears stable with a narrowed deficit of 1.6% of GDP in the first 11 months, but the underlying economic situation remains fragile.

Greece has secured the fourth position in the EU with a fiscal surplus of 1.2% of GDP, a result largely attributed to inflation.

Despite years of experience and involvement in the Cypriot economy, a long-term resident expresses frustration over the country's enduring bureaucracy and disregard for regulations like GDPR.

Hungary contributed slightly more than 1 percent to the European Union's total GDP last year, which amounted to nearly 18,800 billion euros. Germany leads the list, while Poland is noted as a regional leader.
Rick Rieder of BlackRock Inc. suggests that a recent contraction in payrolls indicates a 'productivity revolution' driven by AI, rather than economic weakness, projecting 6% nominal GDP growth for the US.

Hungary's industrial production indicators for June did not meet expectations, with a decline recorded in the production of food, beverages, and tobacco products, aligning with preliminary GDP data.

The Philippine economy experienced a significant slowdown in the second quarter of 2026, with GDP growth reaching only 2.3% year-on-year. This marks the weakest economic performance for the country since 2009 and was slower than anticipated.
The share of the Gross Domestic Product (GDP) attributed to US workers has slid to a fresh record low. This trend indicates a decreasing proportion of economic output going to labor.

The European Union's gross domestic product reached €18.8 trillion, with Cyprus contributing 0.2% to the total economic output in 2025, according to Eurostat figures.
An analysis argues against solely using GDP as an indicator of prosperity, suggesting that high economic growth rates can mask significant wealth and income inequality.

Serbian President Aleksandar Vučić has again boasted about the country's GDP growth, drawing criticism for celebrating unachieved results and making controversial remarks about student Petar Živković and his family.

A discussion questions the practical utility of the General Data Protection Regulation (GDPR), suggesting that despite being considered the world's most advanced law, its effectiveness might be limited.
Nedbank Chief Executive Jason Quinn stated that South Africa's GDP growth of 2.5% by 2030 is plausible, citing progress in structural reforms and identifying 1.1 trillion rand in investment opportunities within the country.
A lesson from Manchester suggests that it takes time for public investment policies to demonstrate their impact on GDP, highlighting the need to end the cycle of mistrust between the Treasury and the public.
Portugal's public debt increased to 92.9% of GDP in the second quarter, representing a rise of 1.9 percentage points compared to 91% of GDP in the first quarter of this year.

An EY economic outlook warns that the UK economy could face a recession next year, with GDP slowing and inflation rising, if the Strait of Hormuz remains shut into 2027 due to a prolonged Iran conflict.
Kenya's public debt has increased to Sh12.82 trillion, now standing at approximately 62 percent of the country's GDP, following fresh loans.
A slowdown in the Gross Domestic Product for the second quarter of 2026 is reported, with analysis indicating potential implications for the demand within the rental housing market.

Portugal's Forum for Competitiveness has maintained its GDP forecast, noting strong first-half results are offset by a less favorable external environment, with exports and productivity flagged as concerns for the Portuguese economy.

Montenegro's Ministry of Finance announced that budget revenues for the first six months of the year surpassed planned figures, resulting in a current surplus. The budget deficit for the period was 1.3% of the estimated GDP, significantly lower than projected.

Cyprus recorded a general government fiscal surplus of €420.30 million in the first half of 2026, equivalent to 1.1 percent of GDP. This surplus was maintained despite higher government spending, according to preliminary figures.

US GDP growth slowed in the second quarter of 2026, primarily due to a supply shock caused by tariffs and rising oil prices. This indicates economic challenges impacting the nation's output.

France's economy avoided a recession with a 0.2% GDP growth in the spring after a negative first quarter, but the INSEE warns that without reforms, the country faces continued sluggish growth.

Wall Street experienced market fluctuations following the Federal Reserve's interest rate decision and new inflation figures. Major tech companies like Microsoft, Apple, and Meta reported earnings, with investor focus on AI spending and its impact on future growth.

Eurozone economies expanded by 0.4% in the second quarter of 2026, exceeding expectations and marking the strongest quarterly growth since early 2025.


Statistics Estonia reported that the country's gross domestic product (GDP) increased by 2.1 percent year-on-year in the second quarter of 2026.
The U.S. economy demonstrated a robust rate of growth in the second quarter, even as the Iran war contributed to increased inflation, according to the latest GDP report.
The US goods trade deficit contracted in the second quarter, but despite the reduction, it is still anticipated to subtract from the overall Q2 GDP growth.
A forecast for the US Dollar price is focusing on upcoming data from the Federal Reserve, Gross Domestic Product (GDP), and Personal Consumption Expenditures (PCE). This analysis will guide expectations for DXY, GBP/USD, and EUR/USD.

A new report from TD Economics forecasts a 'meaningful' boost to Canada and Alberta's gross domestic product from a proposed West Coast oil pipeline, though potentially less than government projections.

The implementation of faster depreciation methods is suggested as a solution to significantly boost economic activity and new investments through enhanced liquidity, positively impacting GDP and public revenues.

The article explores the implications of the financialisation of Pakistan's GDP, suggesting that while it may benefit the government, it does not accurately reflect employment or benefit the general populace.

Quang Ninh Province in Vietnam has announced a prize of VND1.05 billion (US$39,900) for international Olympiad gold medalists, setting Vietnam's largest student prize.

Speaking at the Kgalema Motlanthe Winter Seminar, Dr. Yamson emphasized that Africa's future prosperity and integration depend on the movement of people, skills, and ideas across its borders.

Romania's public debt saw a marginal increase, reaching 60.2% of the country's Gross Domestic Product in April.

Ghana's economy has recorded a 7.4% GDP growth, surpassing its first-half 2026 economic targets and reaching a GDP of over $100 billion for the first time. This marks the fastest growth since 2019, positioning Ghana as the 8th largest economy in Africa.

Google's parent company, Alphabet, reported second-quarter earnings that surpassed analyst expectations, driven by strong performance in YouTube and search. Despite the positive results, the company is significantly increasing its investments in artificial intelligence, leading to discussions about the financial impact of the AI race.

Greece led the European Union in public debt reduction during the first quarter of 2026, decreasing its debt-to-GDP ratio by 9.4 percentage points year-over-year, according to Eurostat data.
JPMorgan Chase CEO Jamie Dimon has stated that Europe faces a serious economic problem, citing its shrinking global GDP share, high taxes, and debt as structural weaknesses that hinder its economy.

The USA has already waged Iran's two months of GDP
The International Monetary Fund (IMF) projects that artificial intelligence could add 4% to the GDP of Nigeria and Sub-Saharan Africa, provided there are significant improvements in power and internet infrastructure. This highlights the potential for AI to drive economic growth in the region.

An analysis, published in collaboration with The Wall Street Journal, suggests China's estimated GDP growth of 4.3 percent is below Beijing's lowest target and likely still an overestimation.

Hungary's government reported the largest increase in state debt relative to GDP among EU member states in the first quarter, also ranking second in budget deficit.

The GDP of Gulf Cooperation Council countries is projected to contract for the first time since 2009 due to the Middle East war, hindering the region's ambitious economic plans, with Iraq particularly struggling without financial resources.

Dr. Oz highlights a healthy retirement habit that, according to the CMS administrator, could add $1 trillion to America's GDP if people remain vital enough to work an additional year.

A think tank report suggests that improving the UK's population health to 2014 levels could add 2% to the GDP and generate a £72 billion dividend for public finances, emphasizing health as an economic asset.

Orange Romania has been fined €100,000 by the National Supervisory Authority for Personal Data Processing (ANSPDCP) for violating certain provisions of the EU General Data Protection Regulation (GDPR).

Italy's GDP increased by 0.4% in the second quarter, and inflation returned to 2.5% in July, according to Confcommercio. These figures indicate recent economic trends in the country.

Bulgaria ranks first in the EU for public healthcare spending as a percentage of GDP and for the number of hospital beds per capita, with 864 beds per 100,000 people.

Hundreds of thousands of people have left Russia since February 2022, with their arrival already impacting GDP growth in popular destinations like Armenia, Georgia, and Serbia.

The UK economy experienced a 0.1% growth in May, exceeding expectations despite external factors. This growth was accompanied by a reduction in the goods trade deficit.

Economists anticipate the UK's GDP to have increased by a modest 0.1% in May, following a slight contraction in April, with the Iran war identified as a contributing factor to the subdued growth.

China's economic growth in the second quarter has slowed to its weakest pace in over three years, with imbalances and weak domestic demand contributing to the deceleration. This marks a significant cooling for the world's second-largest economy.

Despite three consolidation packages, Slovakia's deficit and debt remain uncontrolled, with projections indicating the gross debt could exceed 70% of GDP by 2029 without additional measures.

Miranda Sarmento stated that Portugal has met its NATO target of investing 2% of GDP in defense, suggesting that this increased spending presents a significant opportunity to bolster the euro's position against the dollar.

The Public Revenue Office (PRO) in North Macedonia has generated 863,100 Annual Tax Returns (GDP) for 2025, with citizens reporting income of nearly 10 billion euros through the "e-tax services" system.

Researchers are developing innovative methods to measure societal progress that extend beyond traditional economic growth metrics like GDP, aiming to help policymakers foster happier, healthier, and more sustainable societies.
The National Bank of Poland (NBP) has slightly raised its inflation forecasts for the next two years compared to its March projection, with the overall tone of the July document being optimistic.

UniCredit Institute forecasts Serbia's GDP to grow by 3% in 2026, with a need for increased productivity. The institute also projects a 3.5% growth in 2027.

Immigration leads to a larger Gross Domestic Product (GDP) and reduced national debt, but also results in smaller individual shares of the economic pie.

The International Monetary Fund (IMF) has revised its GDP growth forecasts upwards for both Thailand and Poland. This indicates a more optimistic outlook for the economic performance of these two countries.

Appointed Prime Minister Mindaugas Sinkevičius stated that further increasing defense funding beyond the current 5.38% of GDP would be too ambitious.

The International Monetary Fund (IMF) has reiterated its low global growth forecast, keeping it at 3.5% for 2026, and continues to warn of heightened price volatility due to renewed conflict in the Middle East. This follows an earlier reduction of its 2026 forecast to 3%, citing lingering risks from geopolitical factors and anticipating weaker growth in Germany.

Germany plans to allocate 3.5% of its GDP to defense by 2029, responding to allied expectations but also reigniting old fears about Germany's potential as a military power.

Slovenia has announced significant financial assistance for Ukraine, despite being projected as the only NATO member this year not to allocate two percent of its GDP to fundamental defense needs.
Gao Shanwen, a prominent Chinese economist known for publicly doubting official GDP data and lauded by online commenters as a 'truth teller' in a country with strict censorship, has died.

Indonesia's economy grew faster than expected in the second quarter, offering hope for a turnaround, though analysts warn of resilient but uneven growth.

Economists anticipate the UK economy will see another quarter of growth, with GDP expected to increase by 0.4% for the second quarter between April and June, indicating resilience.
India's government spending on education aligns with GDP standards but fails to meet public spending goals and UNESCO's 15% standard, with secondary school completion rates also lagging.

Malacañang reiterated that the slowing Philippine economic growth in the second quarter, reported at 2.3 percent, is considered temporary and does not reflect the country's long-term economic direction.

The Petroleum Technology Development Fund (PTDF) has introduced a human capital development strategy aimed at helping the Nigerian government achieve its goal of growing the economy to $1 trillion by 2030.

The APC chairman stated that the Tinubu administration's investments in infrastructure like deep seaports, railways, and highways are yielding results, with Nigeria's GDP rising to $375 billion.
Philippine economic growth dramatically slowed in the second quarter, defying expectations of a pickup, as the protracted Middle East conflict stokes inflation and drags down consumer spending and investment.

Estimates suggest that a shutdown of the Paks Nuclear Power Plant, which contributes about half a percent to Hungary’s GDP, could directly reduce economic output and weaken the national currency.
A financial commentary expresses continued dissatisfaction regarding the United Kingdom's monthly Gross Domestic Product figures.

Italy's government has approved a request to activate a safeguard clause for 1.5% of GDP, seeking €35 billion from the European Union for energy and defense. However, the League party is contesting the 'Safe' funds and threatening not to vote for the associated resolution, causing dismay for the Economy Minister who claims the text was agreed upon.

Bulgaria's budget deficit improved to 1.7% of GDP by the end of July, or approximately 2.2 billion euros, an improvement from 1.9% mid-year, largely due to a payment received under the Recovery Plan.

Serbia's public debt stood at €41.29 billion by the end of June, representing 43.8% of the GDP, while the Finance Ministry claimed the budget deficit was lower than planned.

Hong Kong's Gross Domestic Product (GDP) recorded an annual increase of 4.3% in the second quarter of 2026, according to official estimates released on July 31.

Portugal's National Statistics Institute (INE) reports that tourism contributed 11.8% to the country's GDP in 2025, though its contribution to real GDP growth is decreasing.
Canada's Gross Domestic Product (GDP) saw growth in May, primarily attributed to an expansion in the country's oil and gas activity.
Portugal invested a record 5584 million euros in science in 2025, according to provisional data, though this figure remains far from the national target of 3% of GDP, with growth almost exclusively driven by companies.

Taiwan's GDP is experiencing rapid growth driven by US imports of AI chips, though experts caution about potential challenges with future US administrations and China relations.

Spain's GDP growth since 2021 has been nearly double the EU average, largely thanks to immigration. However, challenges like high rents and unemployment persist.

Brazil's gross public debt climbed to 81.9% of GDP in June, the highest since 2021, while federal state-owned companies accumulated a record deficit of €1.33 billion in the first half of the year.

The Ministry of Finance of North Macedonia announced that the public debt decreased in the second quarter of 2026 compared to the first, reaching 58.8% of GDP.

Germany's Gross Domestic Product (GDP) for the second quarter increased by 0.9% year-over-year, surpassing market estimates.
Pantheon Macroeconomics suggests that the strong growth observed in Q2 GDP is likely to diminish in the near future.

Greek Minister Adonis Georgiadis responded to criticism regarding his use of Ray-Ban Meta Wayfarer Gen 2 smart glasses, asserting their compliance with GDPR during a visit to Limnos.

The German economy experienced marginal growth in the second quarter of the year, despite ongoing pressure from the Middle East crisis. However, inflation sharply increased in July as predicted, following the end of the energy tax discount.

Martin Šuster, a member of the Council for Budgetary Responsibility, predicts that the Fico cabinet will leave public finances with a five percent GDP deficit and nearly 70 percent debt, based on statements from coalition politicians.

Analysts in Hungary have reacted with disappointment to the country's latest GDP data, though they anticipate that the overall annual economic performance may still improve.

Pantheon Macroeconomics continues to project a 1.5% GDP growth rate for the second quarter.

Pakistan's real GDP growth reached 3.7% in the last fiscal year, the fastest in four years, yet this economic improvement does not align with the experiences of the median household.

Montenegro's per capita spending on pensions and social welfare in 2023 was €1,418, significantly lower than the EU average of €8,225. The country allocated 19.5% of its GDP to social protection and pensions in 2024, compared to the EU average of 28%.

Introducing accelerated depreciation rules is seen as a key measure to significantly boost economic activity in Greece by encouraging new investment, improving business liquidity, and generating positive spillover effects on GDP, public revenues, and employment.

Markets are bracing for a busy week filled with significant economic events, including updates on Iran, AI, and interest rates, alongside a packed schedule of corporate earnings reports. Investors are preparing for a dense period of financial news and data releases.

Romania has significantly reduced its public deficit by 41% year-on-year, bringing it down to 2% of GDP in the first half of the year.

A weekly review of China's news includes a poll showing a favorable view of China over the US, new GDP data, and a meeting between Rubio and Wang.
Google's artificial intelligence waitlist has reportedly achieved a valuation of $514 billion, a figure exceeding the GDP of most countries, highlighting its significant economic impact.

Romania's budget deficit decreased to 2% of GDP in the first half of the year, down from 3.64% in the same period last year. Despite this improvement, officials caution against complacency, stating there is no reason for relaxation.
An audit of Bangladesh's past Gross Domestic Product (GDP) data is likely to be completed soon, according to reports.

Minister for Finance, Dr Cassiel Ato Forson says the unchecked liabilities of state-owned enterprises (SOEs) added the equivalent of about 3% of Ghana's Gross Domestic Product (GDP) to the country's…

The French government is gradually acknowledging its struggle to reduce the deficit to 5% of GDP by 2026, despite maintaining it as a priority.
Artificial intelligence presents new challenges for GDPR compliance, as over half of employees use AI tools without employer knowledge, often transmitting sensitive data, prompting experts to urge companies to implement new procedures.

A UN study reveals that organized crime is shifting from physical goods trafficking to selling digital services, maintaining a 'multinational criminal economy.' Annual losses from fraud now exceed the GDP of some countries in the region.
The International Monetary Fund (IMF) reports that Artificial Intelligence has the potential to increase Nigeria’s GDP by 4% over the next decade, provided there is strategic investment in digital infrastructure, skills development, and governance.

Official Eurostat data for the first quarter of 2026 shows a significant decrease in Greece's public debt, both as a percentage of GDP and in absolute numbers, placing Greece first in the EU for this reduction.

Eurostat data shows that Latvia's general government budget deficit in the first quarter of this year was smaller relative to its GDP compared to the average across the European Union.
The International Monetary Fund has identified rising oil prices and a weak monsoon season as the biggest risks to India's projected GDP growth for fiscal year 2027.

Turkish Finance Minister Mehmet Şimşek announced that Türkiye expects its annual budget deficit to have narrowed to approximately 2.5% of GDP by June, down from 2.9% in 2025.

The inclusion of fee-based financial revenues since 1993 is argued to have led to an overstatement of Pakistan's Gross Domestic Product (GDP) size.

Eurostat data reveals significant disparities in non-financial corporate debt across EU member states, with seven countries exceeding the European Commission's warning threshold of 85% of GDP.

The Bank of Ghana reports that the credit-to-GDP gap remains negative as of March 2026, indicating a contraction in credit despite moderated macro-financial risks to the banking sector.
Malaysia's economy grew by 5.8% in the second quarter, prompting Prime Minister Datuk Seri Anwar Ibrahim to express gratitude for the positive economic performance.

Officials in Serbia often highlight GDP growth and public debt in relation to GDP as indicators of progress, but critics question who truly benefits from this economic advancement.

China could be heading for a credit crisis as the number of non-performing household loans has reached a record high, with these bad loans amounting to 1.6% of China's GDP.
European states face a potential doubling of their debt-to-GDP ratio to 130 percent within the next 15 years, necessitating a fundamental debate on the nature and purpose of the welfare state and a radical overhaul of Europe's social model.

Portugal's Minister of Economy expressed concern over the impact a population revision will have on the country's GDP per capita and announced a reprogramming of Portugal 2030.

Romania's social protection expenditures hit 325.7 billion lei in 2024, marking a 23.2% increase from the previous year and representing 18.5% of the GDP, the highest level in a decade. Pensions accounted for the largest portion of these funds.

Greece's hotel industry experienced an average annual revenue growth of 21% between 2021 and 2025, driven by record-breaking tourist arrivals. Tourism directly contributed 13% to the country's GDP in 2025.

A new study by the International Monetary Fund (IMF) warns that European public debt could surge to 130% of GDP by 2040 if deep structural reforms and fiscal adjustments are not implemented. The IMF highlights that rising public spending threatens the long-term sustainability of government finances.

Singapore, Asia's richest nation by GDP per capita, has maintained its top position as the world's leading maritime center in the 2026 Xinhua-Baltic International Shipping Center Development Index (ISCDI) for the thirteenth consecutive year.

An economist discusses the influence of Portugal's National Statistics Institute (INE) data on resident population figures and their broader impact on GDP calculations.

At the NATO Summit in Ankara, alliance leaders endorsed a new defence spending benchmark of 5% of GDP, a significant increase from the long-standing 2% target, with only two members currently meeting it.
Kenya's economy experienced a 5.3% growth in the first three months of 2026, marking its fastest first-quarter GDP growth since 2023.

Countering Chinese aggression and protecting the country's maritime rights will require the defense budget to be raised as much as 4% of GDP, a move that will force trade-offs in other government…
A leading Alberta economist suggests that linking federal equalization payments to provincial GDP could help alleviate regional tensions within Canada.

The Latvian Ministry of Finance has updated its macroeconomic and fiscal forecasts, indicating slower economic growth and higher inflation for the current and upcoming years, influenced by recent economic trends and geopolitical developments.

German Chancellor Friedrich Merz announced at a NATO summit that Germany is expected to achieve its goal of investing 5% of its GDP in defense sooner than planned.

The Hungarian Ministry of Finance projects this year's budget deficit to be 7.5% of GDP, with EU RRF funds requiring partial pre-financing, significantly increasing the budget's financing needs.

An increase of nearly 600 million euros compared to 2025, the year in which the country applied 6.1 billion euros to defense, reaching the target of 2.01%.