France's debt poised to hit a new record above 120% of GDP by 2027
TL;DR
France’s draft budget shows public debt rising from 119.3% of GDP in 2026 to a record 121.7% in 2027, with tax increases and other levies expected to narrow the deficit even as overall debt keeps growing due to persistent deficits.
- French public debt to reach new record level in 2027, exceeding 120% of GDP Le Monde.fr
- French finance ministry expects record debt in 2026, reaching nearly 120% of GDP Reuters
- French PM vows to cut public spending by €54 billion to reduce deficit France 24
- French premier Lecornu proposes big spending cuts to reduce deficit Financial Times
- France Shouldn’t Throw Out 3% Budget Anchor, Lescure Says Bloomberg.com
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Read on Le Monde.fr