What went wrong with France’s economy? Debt, political turmoil and a costly global crisis - Firstpost
What went wrong with France’s economy? Debt, political turmoil and a costly global crisis - Firstpost
Source: Firstpost
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DW NOTE
France's debt-to-GDP ratio hit 112% in 2024 — before the energy shock, before the Strait closure, before Brent at $109. Whatever went wrong with France's economy, it didn't require a global crisis. The crisis is just making it harder to pretend the arithmetic was ever sustainable.