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المشهد العربي
Krojman warns of French debt crisis exceeding ECB capacity
Economist Paul Krugman warned that France faces the danger of a severe debt crisis that could surpass the European Central Bank's ability to save it, due to the ongoing rise in budget deficits and increasing debt-interest burdens, along with weak reforms and the challenge of an aging population. He emphasized that France's connection to the euro could lead to a sharp crisis of confidence similar to the eurozone debt crisis between 2009 and 2012, which prompted extensive interventions by the European Central Bank.
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