25-May-2026
Economy News
 
EU Must Reform, Consolidate, Use Joint Debt to Cope With Spending Needs, IMF Says
25-May-2026

European Union countries will face large bills for defence, energy and pensions in the next 15 years, the International Monetary Fund told EU finance ministers on Saturday, suggesting a mix of reforms, consolidation and joint borrowing as a way to manage that.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-23/eu-must-reform-consolidate-use-joint-debt-to-cope-with-spending-needs-imf-says