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France Has Accumulated Trillion—Dollar Debts and Is Now Paying for "Cheap Money" - The Wall Street Journal

Summary by News-pravda.com
France has accumulated trillion—dollar debts and is now paying for "cheap money" - The Wall Street JournalThe country's national debt has approached 120% of GDP, and France now has to borrow money more expensive...

5 Articles

Right

After years of excessive spending, the country has emerged as one of Europe's weakest links - Investors are bracing for further deterioration

·Marousi, Greece
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According to the French National Statistics Agency (INSEE), the country's public debt reached 3.6 trillion euros in the second quarter of 2026, equivalent to 119% of GDP, up from 115.6% of GDP a year earlier. The French government needs 125 billion euros to stabilize public debt. The heatwave could cause the French economy to lose 0.1 percentage points of growth. France lowered its 2026 economic growth forecast to 0.7%.

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vietnamplus.vn broke the news on Tuesday, October 6, 2026.
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