Europe’s economy

Chart of the week: inflation in Turkey at its highest in 15 years

Inflation in Turkey has soared to its highest level since 2003. In August, the annual rate of consumer price inflation had reached around 18% but in September it was almost 25%.

Italy’s debt crisis could be far messier than the Greek drama ever was

Italy’s debt is very high indeed. With the chances of repaying it slim, the eurozone is heading for yet another messy crisis. John Stepek explains what’s going on.

Italy picks a fight with Brussels

The big-spending budget proposed by Italy’s ruling populist coalition puts it at loggerheads with Brussels.

When will the slow-burning crisis in Italy ignite?

Italy’s populist government has decided to spend a lot more money than it’s got, risking a clash with the EU. John Stepek looks at how that might play out.

Macron fails to deliver

France’s golden boy is rapidly losing his shine. Matthew Partridge reports.

Brussels stands up to Orbán

Hungarian prime minister Viktor Orbán suffers a humiliation at the hands of the European Parliament.

“Norway for now”: how we can avoid a botched Brexit

The government is making absurdly heavy weather of leaving the EU. Yet there is a straightforward solution hiding in plain sight. George Trefgarne explains.

Far-right falls short in Sweden

But the party has shifted the terms of the debate. Matthew Partridge reports.

Italy: no appetite for “self-help” policies

Italy’s huge public debt pile and high financing needs mean it could use some deep-pocketed investors, but its insistence on a budget that might break EU rules doesn’t make it attractive.

Greece emerges from intensive care

Following three rescue packages in eight years, the eurozone’s problem child is standing on its own two feet again. But the debt crisis has merely been managed, not resolved. Alex Rankine reports.

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