quinta-feira, 14 de agosto de 2025

French debt is rising

 


 French debt is rising, and rising very quickly. Despite the government's efforts, the freezing of certain funds and promises of massive savings, France's public debt increased by another €40.5 billion in just three months, reaching €3.346 trillion at the end of March, according to figures released on Thursday, June 26, by the National Institute of Statistics and Economic Studies (INSEE,). In one year, the debt, described by Prime Minister François Bayrou as the country's public enemy number one, grew by €185 billion, or 6%.

 

Could this massive debt burden soon force France under the supervision of Brussels, the European Central Bank and the International Monetary Fund (IMF)? Could this troika impose an austerity plan on France, as happened to Greece in the 2010s when it was revealed the country had falsified its accounts and its budget deficit was three times higher than the official figure?

 

https://www.lemonde.fr/en/politics/article/2025/06/27/french-debt-surges-to-new-record-but-imf-intervention-ruled-out_6742783_5.html#

Sem comentários:

Enviar um comentário