ANALYSIS-CRISIS-PRONE FRANCE SINKS DEEPER INTO DEBT QUAGMIRE
https://media.zenfs.com/en/reuters-finance.com/484c3b29c40d355a94442b1bfef132cb
✍️ France's government collapse leaves the country's economy in a precarious situation, with high borrowing costs, debt burden, and slow growth.
👉 France's government has collapsed, leaving the country's economy in a precarious situation. 👉 The next government will likely rely more heavily on taxes than spending cuts to reduce the budget deficit. 👉 Financial markets may frown on tax increases, especially broader measures, fearful they may choke off growth. 👉 France's high debt payments are set to reach over 100 billion euros by 2029. 👉 Slow growth makes it difficult for France to grow its way out of debt.
-- #FrancoisBayrou #EmmanuelMacron #EricLombard #FrederikDucrozet #RusselMatthews #FabriceCambolive #LeoBarincou #MathieuPlane #France #London #Paris #Greece #Italy #Germany #world
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