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Sign up to Brilliant for free and you'll also get 20% off an annual premium subscription: https://brilliant.org/tldr/ In this video we’re going to look at why southern Europe is suddenly outperforming the economic powerhouses of the north, and whether this can last. 📰 Too Long: https://toolong.news/ 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! References: Debt Crisis and Recovery https://economic-research.bnpparibas.com/html/en-US/Southern-Europe-recovery-public-accounts-5/11/2023,48560 https://economic-research.bnpparibas.com/pdf/en-US/Southern-Europe-potential-growth-11/29/2020,39584 https://www.ft.com/https://economic-research.bnpparibas.com/html/en-US/Southern-Europe-recovery-public-accounts-5/11/2023,48560content/134b686d-1fe9-4dff-90d7-acc257ed672a IMF GDP data https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD/DEU/EUQ/EU/ROU Italy GDP https://tradingeconomics.com/italy/full-year-gdp-growth Spain GDP https://www.surinenglish.com/spain/the-economy-grew-2023-five-times-more-20240327090126-nt.html https://www.surinenglish.com/spain/the-economy-grew-2023-five-times-more-20240327090126-nt.html https://economy-finance.ec.europa.eu/economic-surveillance-eu-economies/spain/economic-forecast-spain_en https://tradingeconomics.com/spain/full-year-gdp-growth EU Fiscal Deficit https://www.bloomberg.com/news/articles/2025-06-04/eu-calls-out-one-third-of-members-for-breaking-its-fiscal-rules?embedded-checkout=true Germany and France economic woes https://www.euractiv.com/section/politics/news/germany-agonises-over-e200-billion-budget-hole/ https://www.cnbc.com/2025/09/04/italy-used-to-be-the-bad-boy-of-europe-now-its-france.html#:~:text=France's%20debt%20pile%20amounted%20to,was%205.8%25%20of%20its%20GDP. https://think.ing.com/articles/market-impact-of-french-political-turmoil/ EU recovery fund https://www.bloomberg.com/news/articles/2020-05-21/who-stands-to-benefit-most-from-the-eu-recovery-fund-plan-map https://www.reuters.com/world/europe/italy-spent-around-45-eu-covid-recovery-cash-received-so-far-report-shows-2024-02-22/ Tourism revenues https://www.lamoncloa.gob.es/lang/en/gobierno/news/paginas/2025/20250115-international-tourist-spending.aspx#:~:text=At%20a%20press%20conference%20held,more%20than%20the%20previous%20year. https://www.euronews.com/travel/2025/09/02/spains-tourism-hits-new-highs-why-shoulder-season-might-not-be-the-bargain-it-once-was