September 20, 2025

France the New Sick Man of Europe?

Oh no, zut alors, as the French say. Could ze French and its little Prezidente be in ze spot of trouble. Has suing Candace Owens got him distracted?

https://www.bbc.com/news/articles/cvg9n6vr2eyo

The cost of servicing national debt this year is estimated to be €67 billion - it now consumes more money than all government departments except education and defence. Forecasts suggest that by the end of the decade it will outstrip even them, reaching €100 billion a year. Last Friday, the ratings agency Fitch downgraded French debt, potentially making it more expensive for the French government to borrow, reflecting growing doubts about the country's stability and ability to service that debt.

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