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المشهد العربي
France's public debt hits 1995 high
The French Ministry of Finance has revealed that France's public debt will reach its highest level since 1995 in 2026, with the debt-to-GDP ratio amounting to 119.3%. It is expected to rise further to 121.7% in 2027, which is double the European ceiling of 60%. This increase is attributed to the continued high budget deficit, which amounted to 5.1% of GDP last year and is projected to reach 5.4% this year, exceeding the European Union’s maximum deficit rules of 3%.
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