The money behind Eurovision

How Eurovision mirrors European politics

Although Eurovision claims to be nonpolitical, historian Dean Vuletic argues that it is inherently political and, in many ways, the only election in which most of Europe participates. In this brief explainer, he unpacks how the song contest's politics extend back to its first broadcast in 1956, which featured Walter Andreas Schwarz, a Jewish West German who signaled a rebuke to Germany's Nazi past.

Why most Eurovision acts sing in English

Eurovision is intended to be a celebration of diverse cultures from around Europe—and, in the case of Israel and Australia, beyond Europe. But since 1999, most of its participants have sung in English. This episode of "The Allusionist" features Historian Dean Vuletic, who breaks down why so many countries' competitors avoid their native languages.

How Eurovision selects its winners

Competing acts are judged by a combination of music industry professionals, peers, and viewers, creating a suspenseful on-air tally to reveal the contest's ultimate winner.

Some non-European countries compete in Eurovision

Eurovision includes the non-European competitors Australia and Israel, who were invited to participate in the 2015 and 1973, respectively, due to the countries' affinity for the song contest. Previously, Morocco competed in Eurovision (once, in 1980), though it no longer does.

Eurovision voting largely follows cultural blocs

In 2025, France's AFP analyzed the voting data from every Eurovision Song Contest and found that how countries vote often reflects long-standing cultural associations, with Nordic countries, Baltic states, and former Soviet nations tending to vote in solidarity.

How Eurovision became a part of queer culture

Academic Matt Weaver analyzes how the Eurovision Song Contest's camp aesthetics, inclusive mission, and international stage have attracted a sizeable gay following and how that audience is sometimes at odds with the political positions of the contest's competing nations.

The 10 best Eurovision performances

It's one thing to write a great song for Eurovision, but it's another to execute its performance on one of the world's biggest stages. This list runs through 10 of the most impressive, with memorable entries from a Finnish metal band, a Swedish crooner, and a German comedy troupe.

Unpacking Eurovision's inevitable political commentaries

According to the European Broadcasting Union's rules for Eurovision, politicizing the contest is prohibited. Richard Wennberg explores how wars in Europe and elsewhere have complicated the song contest's unitarian goals.

A history of Eurovision controversies

The annual song contest spectacle is no stranger to controversy. This list breaks down some of the most scandalous, including claims that 2021 winners Maneskin were snorting cocaine, Georgia's 2009 rejection for submitting a protest song, and Jordan's refusal to recognize Israel in 1978.

The complex production machine behind Eurovision

This short Wall Street Journal documentary goes behind the scenes at Eurovision to show how the elaborate stage show—which features a production manager, speedy run crews, and a digital floor outlining the location of every prop for every performance—hums along so smoothly.

Several countries backed out of Eurovision 2026 to protest Israel's inclusion

The public broadcasting organizations of Iceland, Ireland, Spain, Slovenia, and the Netherlands said they will not compete in the 2026 Eurovision in Austria to protest Israel's inclusion, citing the humanitarian crisis from the Israel-Hamas war.

The best Eurovision winners of all time

The contest has been around since 1956 and has amassed an impressive catalog of winning songs in that time. This list from The Guardian ranks them all, allowing you to time-travel through 70 years of Eurovision.

The first Eurovision took place in 1956

The contest was organized by the European Broadcasting Union, a collective of public broadcasters, to help unify postwar Europe. The first Eurovision took place in the spring of 1956 in Lugano, Switzerland, and was broadcast in black and white.

The Italian music contest that inspired Eurovision

Italy's Sanremo Festival began in 1951 as a way to boost tourism in the Italian Riviera during the offseason, with three acts performing original songs on a national radio broadcast. The format would be replicated five years later by Eurovision, though Sanremo is still around.

The most expensive EU countries

Among countries in the European Union, Luxembourg has the highest prices (52% higher than the EU average). Romania seems like it's the cheapest option in the EU at 46% below the EU average. Want to see how other countries such as Italy, France and Germany rank? Explore this color-coded map to learn more.

Eurovision is expanding to Asia

The Eurovision Song Contest Asia will hold its inaugural contest on November 14, 2026. A similar attempt at adapting for the United States, called the American Song Contest, was launched in 2022 but did not return for a second season.

Watch Celine Dion perform at Eurovision 1988

By 1988, the 20-year-old singer was already a star in her native Canada but was a relative unknown outside the French-speaking world. That changed when she represented Switzerland at Eurovision, performing "Ne Partez Pas Sans Mo." She'd go on to win the contest that year and soon become one of the bestselling artists in the world.

During the Cold War, the Soviet Union created a Eurovision competitor

The Soviet Union was not a member of the European Broadcasting Union, so it couldn't compete in Eurovision. In 1977, it turned a preexisting Polish-language singing competition into one that more closely resembled Eurovision and renamed it Intervision. The competition was open to countries from across the globe, regardless of their form of government, though most entrants were from communist countries.

After it was banned from Eurovision, Russia resurrected its Cold War-era version

Russia was barred from the Eurovision Song Contest following its 2022 invasion of Ukraine. In 2025, President Vladimir Putin announced the revival of Intervision, a similarly structured song contest that the Soviet Union had organized throughout the Cold War.

In 1914, the Financial Times asked readers to redraw Europe for cash prizes

Two months in World War I, the newspaper invited readers to sketch postwar borders and submit peace terms for cash prizes. The contest captured public attempts to predict a new world order and foreshadowed modern crowdsourced forecasting. It's a wild look at how uncertain Europe's future was at the time.

Attending Davos can cost hundreds of thousands of dollars

Access to Davos’ most exclusive events often comes at a steep price: Annual WEF dues can exceed $50K, premium membership can reach $500K, and attendance adds high costs for travel, lodging, security, and credentials.

See a breakdown of how each country contributes to the world's $126T economy.

Watch the 'Riverdance' performance from Eurovision 1994

The Irish step dance show didn't compete in Eurovision, but it did perform as an "Interval Act" during the 1994 broadcast while votes were being tallied, earning a standing ovation. The next year, it premiered in Dublin as a stage show and continues touring the globe today.

The story behind ABBA's Eurovision victory

The Swedish group competed in 1973 with the song "Ring Ring," but it failed to get them past the preliminary round. That changed with their 1974 performance of "Waterloo"—a song written by their agent, who was convinced it'd be a hit on Eurovision—propelled them to victory, beating out Olivia Newton-John, who was competing for the United Kingdom.

Watch ABBA perform on Eurovision in 1974

The pop group won the 1974 competition, representing Sweden with the song "Waterloo." It was the first time the country took home the Eurovision title and the start of a long, successful career for ABBA, who'd eventually become one of the world's bestselling musical groups.

Affluence largely influences where Michelin stars are awarded

Countries with high GDP are the most highly decorated with Michelin stars. As this 2024 in-depth statistical analysis notes, though, that appears to be changing, with the Guide beginning to recognize other areas of the globe.

A list of the world's top 25 economies by GDP

Gross domestic product estimates the value of goods and services produced in a country, typically through the expenditure method, which adds up spending by consumers, investors and governments with the value of exports. The top five economies are the US, China, Germany, Japan and India.

Many countries, like Iceland and Norway, offer pensions to elderly citizens

Iceland, Luxembourg, and Norway offer some of the highest annual pension payouts at over 30,000 euros. The below chart shows how European nations stack up in terms of which offer the highest annual pension payouts.

Opera faces many economic problems today

Opera is a notably expensive art form, and therefore currently struggling to survive economically. Pandemic losses, reduced government funding, and dwindling ticket sales all pose a threat to its continuation. According to a recent survey, about half of the UK wouldn't feel impacted if all opera houses were shut down.

Between 2016 and 2023, PE spent more than $200B buying British companies

Between the COVID-19 pandemic and the United Kingdom's official departure from the European Union, the UK's economy struggled to recover. This economic strife led to British companies receiving steadily lower valuations than American companies, prompting a huge increase in PE investment. However, interest rates began increasing in 2022, putting pressure on the numerous leveraged buyout deals that took place between 2020 and 2021.

Hosting the World Cup requires massive investments in infrastructure

Since the 1990s, those costs have crept into the billions. Cities are able to sell the high price tag with promises of jobs and tourism dollars, but long-term studies showed the promises were often overstated.

The top wine-producing countries in the world

Three European countries dominate the world in wine production: France, Italy, and Spain. This table lays out how the world's top wine-producing countries compare in terms of annual volume, with Europe and the United States comprising the bulk of production. Visualize the country-by-country difference with this bar graph.

Watch tATu represent Russia in Eurovision 2003

The duo was already internationally known, thanks to their breakout 2002 hit "All The Things She Said," when they performed on the Eurovision stage in Latvia. Their performance of "Ne Ver, Ne Boysia, Ne Prosi" wasn't enough to propel them to victory, though; they ended up in third place, behind entrants from Turkey and Belgium.

The roughly 11 countries in BRICS, an economic coalition created to counter the G7, collectively hold about 40% of global gross domestic product when adjusted for purchasing power parity.

Over time, the World Cup became a TV powerhouse, generating massive revenue from broadcast rights and ad placements.

See comparisons of different countries' taxation strategies

Taxes are a major revenue source for most countries, and how each government taxes citizens often reflects the country's economy. Developed countries tax at much higher rates than developing ones, and as a country grows its GDP, it also typically grows the proportional percentage of taxes it gains from its citizens.

Reasons the wealthy like to give to universities

Every year, higher education receives the lion’s share of philanthropy for key reasons. Universities have huge budgets and can handle big sums. They also oversee a broad range of initiatives tailored to an individual’s goals, and are particularly credible institutions with long track records and strong brands.

F1 is a billion-dollar industry

But that money doesn't come easily. Team principals have to constantly ensure money is coming in to fund their million-dollar cars every weekend. This CNBC video explores all the costs of running a team. It also shows how team principals woo sponsors and find ways to maximize their technology with a cost cap.

Germany is pursuing its most significant military buildup since WWII.

At $159K, Luxembourg has the world's highest GDP per capita (also known as GDP per person) as of June 2026.

Europeans, on average, have roughly double the amount of vacation time as Americans, thanks to a long-standing belief that leisure benefits society.

Becoming an Olympic swimmer costs tens of thousands of dollars

When you see Olympic athletes win gold, it's the culmination of years of hard work and discipline. But it isn't all sweat equity. Before ever stepping foot on the world stage, these athletes have to pay or find funding for private coaching and lessons, club memberships, and meet fees, with estimates that it costs $25K to $40K to make it to the Olympics.

See who attended Davos 2025

Each year, Davos draws one of the most exclusive guest lists in the world. In 2025, attendees included 60 heads of state, over 900 CEOs and corporate chairs, and top leaders from global civil society, who gathered in the Swiss Alps.

As of 2025, every NATO member spent at least 2% of GDP on defense, a target the alliance had been pushing toward for over a decade.

Oktoberfest generates over $1B every year

As one of the largest festivals in the world, Oktoberfest is an economic mainstay for Munich. Analysts estimate the annual beer fest contributes at least $1.4B in revenue to the city alone, accounting for roughly 2% of the city's gross domestic product.

Through 2038, the Large Hadron Collider research program is expected to generate societal benefits of €25.6B, or €3.3B more than operating costs and investments.

How much it costs to host the World Cup

The cost of hosting the world's biggest sporting event depends on a country's existing infrastructure. Learn how the World Cup in Qatar will impact the country's finances in this brief podcast.

Switzerland is widely considered the world capital of cheese

This charming infographic looks at the cheese-related habits of Europe’s top three cheese-producing countries: Italy, France, and Switzerland. Cheeses in France are reported to be the lightest, and Swiss cheeses the heaviest.

A typical weekend at Coachella can cost thousands of dollars

Coachella might be a cutting-edge cultural event, but it doesn't come for free. Beyond the high ticket prices—which typically start around $500—there are other costs, like lodging, food, and libations. This article spotlights four attendees who break down their expenses for the week and why, despite the hefty price tag, they were so interested in heading to the desert.

Countries that celebrate Easter

Easter is observed as a national holiday in more than 95 countries, with traditions varying wildly—from water fights in Hungary to crime novel reading in Norway—reflecting how thoroughly Christian practice has mixed with local culture.