27-September-2025
Economy News
 
French debt hits $4 trillion, piling pressure on new PM
26-Sep-2025

France's public debt has ballooned to a record 3.4 trillion euros ($4 trillion), official data showed Thursday, piling pressure on new Prime Minister Sebastien Lecornu as he confronts protests and political turmoil. Lecornu was appointed by President Emmanuel Macron earlier this month to succeed Francois Bayrou, who was ousted by parliament in a fight over his austerity budget after just nine months on the job.

News Source:- https://economictimes.indiatimes.com/news/international/world-news/french-debt-hits-4-trillion-piling-pressure-on-new-pm/articleshow/124110971.cms