February 16, 2026

Athens News

News in English from Greece

BRICS overtakes G7 in total economic weight


BRICS group of countries today surpasses G7 by total economic weight and real impact on the world economy.

BRICS already includes four of the world’s seven largest economiesChina, India, Russia And Brazil. At the same time in the Western group G7 only three are presented – USA, Japan And Germany.

In this context, it is more correct to say not that the world economic balance is “changing”, but that it is has already shifted.

The key structural problem of the West lies primarily in the situation Europe. The continent faces systemic constraints that undermine its long-term competitiveness.

Europe does not have sufficient energy resourcesdoes not have food self-sufficiency and does not control critical raw material flows to the extent necessary to maintain sustainable economic advantage.

Against this background, the BRICS countries rely on a combination of demographic potential, resource base, industrial production and growing domestic markets, which allows them to increase their influence regardless of Western financial and institutional mechanisms.

Thus, the global economic architecture has already entered the phase multipolaritywhere the previous hierarchy ceases to be decisive.





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