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2026-09-19T12:52:55.000Z

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Macron declines political accountability

Macron declines political accountability

France is currently experiencing an escalating financial and economic crisis due to the worsening of the financial and political situation, with rising energy prices, especially gas, and the impact of tensions with Algeria on energy supplies. President Emmanuel Macron blamed the global geopolitical situation, ignoring the government's responsibility, amid popular demands and trade union protests for increased financial support. The country's credit rating was downgraded to (A+), with projections that France's debt will rise to 122.7% of GDP by 2028, and political fragmentation worsening, hindering financial reforms and threatening social stability.

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