On Tuesday, 15 April—two days after Minister of the Economy Éric Lombard—French Prime Minister François Bayrou warned against uncontrolled slippage in France’s public finances that could be recognised by the financial markets.
If drastic action is not taken, the increase in public debt, which reached 113% of GDP at the end of 2024, could lead to €100 billion in debt servicing in 2029, whereas it already stands at €65 billion in 2025, and could become “a dangerous...