France's Political Crisis And The Massive Debt Behind Government Collapse
(MENAFN- AsiaNet News)
France's growing debt crisis is at the core of the political turmoil that toppled Prime Minister François Bayrou's government. Bayrou's attempt to cut €44 billion ($51 billion) from the budget, including unpopular measures like reducing holidays, triggered a confidence vote that he lost, leading to his resignation. This video explores: - Why France's national debt has soared to over €3.3 trillion (about 116% of GDP) - The impact of this massive debt on France's economy and politics - How borrowing costs and fiscal challenges are shaping government decisions - What the political fallout means for France's future stability
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