France's fiscal policies could spark EU crisis
Financial Times — June 24, 2024, 01:00 PM UTC
Summary: France's upcoming snap election on June 30 could lead to a crisis in the EU. Both far-right and far-left parties in France are proposing spendthrift policies that could worsen the country's financial situation. With public debt at 110% of GDP and a budget deficit of 5.5%, a French fiscal crisis could impact the EU's stability. The far-right and far-left's Euroscepticism adds to the risk.
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