Global Fiscal and Energy Update: France Faces Record Debt as Hormuz Blockade Halts Iranian Crude
· thestockmarketwatch.com
The French government has unveiled a draft budget that projects the nation's debt-to-GDP ratio will climb to 119.3% in 2026 and peak at 121.7% by 2027.
Key Takeaways
France's public debt is projected to reach a record 121.7% of GDP by 2027 , as the government struggles with a persistent deficit that is expecte...