A look at France’s public debt as economy takes center stage in French election
- PARIS -- France’s public debt has climbed to a record during the two terms of President Emmanuel Macron, unsettling investors and emerging as a defining issue ahead of next year’s presidential election.
- With France already gripped by deep social tensions, the candidates vying to succeed Macron are under pressure to explain how they would bring the debt under control.
- It now stands at 119% of gross domestic product, leaving the country’s strained public finances likely to dominate the campaign.
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- PARIS -- France’s public debt has climbed to a record during the two terms of President Emmanuel Macron, unsettling investors and emerging as a defining issue ahead of next year’s presidential election.
- With France already gripped by deep social tensions, the candidates vying to succeed Macron are under pressure to explain how they would bring the debt under control.
- It now stands at 119% of gross domestic product, leaving the country’s strained public finances likely to dominate the campaign.
Sources: ABC News