Bank of France Governor Warns France Must Act to Avert Sovereign Debt Crisis Ahead of 2027 Election - indexbox.io
Bank of France Governor Warns France Must Act to Avert Sovereign Debt Crisis Ahead of 2027 Election - indexbox.io
Source: indexbox.io
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DW NOTE
France's public debt sits at 112% of GDP. The BOJ forced to buy ¥6.2 trillion in bonds last quarter to defend the 1% cap; the ECB cannot do the same for France without violating the treaties. Paris has two years to restore primary surplus or face the choice between default mechanics and mass capital flight — the 2027 election merely sets the deadline.