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EU debt could reach €1 trillion by 2027, auditors warn

Original: EU debt could hit €1 trillion by 2027, auditors warn

The European Court of Auditors has warned that EU debt could rise to €1 trillion by 2027, highlighting growing concern over the bloc's fiscal trajectory as joint borrowing and recovery spending continue to expand. The warning adds pressure on Brussels and member states to rein in budgets ahead of upcoming negotiations on the next long-term EU budget.

Why now: Fresh warnings from the EU's own auditors about ballooning debt come as lawmakers debate the bloc's next budget and fiscal rules.

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• EU debt could hit €1 trillion by 2027, auditors warn · Euronews.com

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