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French Budget Is a ‘Ticking Bomb’ for Euro, ING’s Pesole Says

Summary by Bloomberg
Angst around how France will control its swelling budget deficit is returning to financial markets and may start to dent demand for the euro, according to strategists at ING Groep NV.

31 Articles

Lean Right

EDITO. Even if the ECB eventually saved France from bankruptcy, rising rates and debt burdens would deprive its economy of oxygen.

·Paris, France
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Center

While France is expected to record the worst public deficit in the euro area in 2025 and 2026, borrowing at ten years of age could soon cost it more than in Italy, after Spain and Portugal,

·France
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France's fiscal policy will sooner or later lead to the abyss; a change would be possible, but there is no political will to support inconvenient decisions.

·Frankfurt, Germany
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Center

The economic situation in France is becoming increasingly critical, and the French government is now paying higher interest on its debt than Italy.

·Berlin, Germany
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Center

French Prime Minister Bayrou has presented measures to save almost EUR 44 billion.

·Germany
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Bias Distribution

  • 56% of the sources are Center
56% Center

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El Economista broke the news in on Tuesday, July 15, 2025.
Sources are mostly out of (0)