GeopoliticsHighSingle-source
7.5
Russia prioritizes defense financing in 2027-2029 budget, deficit ~2% GDP
Anadolu Agency EN·RU·about 5 hours ago
Italy will reaffirm its commitment to bring its budget deficit below the EU's 3% of GDP threshold by 2026, down from a projected 3.1% in 2025. This signals fiscal consolidation but the narrow margin leaves limited room for slippage. The commitment may ease EU fiscal scrutiny and support Italian bond sentiment, though execution risks remain.