The French finance ministry expects public debt to reach nearly 120% of GDP in 2026, a record high that intensifies pressure on the government's fiscal strategy.

The French finance ministry expects public debt to reach nearly 120% of GDP in 2026, a record level that intensifies pressure on the government’s fiscal strategy and raises questions about budget consolidation.

2
  • Derek WestonEnglish
    1·
    2 months ago

    I’m supposed to act surprised France’s debt bomb is breaking news? I saw this fiscal suicide coming years ago.