French debt hits $4 trillion, piling pressure on new PM

  • Posted on September 25, 2025
  • By Business News Today
  • 4 Views
French debt hits $4 trillion, piling pressure on new PM

France's public debt has surged to a record 3.4 trillion euros, reaching 115.6% of GDP in the second quarter. This financial strain intensifies pressure on newly appointed Prime Minister Sebastien Lecornu, who is already grappling with widespread protests against austerity measures. Lecornu aims to address the crisis by distancing himself from past policies and proposing changes to appease public discontent.
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