France Debt Climbs to 119% of GDP, Bond Spread Sounds 2012 Alarm
β’ France's finance ministry reported that public debt has climbed to 119.3% of GDP alongside a 5.4% deficit. β’ The OAT-Bund spread, which measures the difference in yield between French and German bonds, crossed 100 basis points for the first time since the 2012 eurozone debt crisis. β’ Prime Minister Lecornu must now pass a β¬54 billion savings plan through a parliament that previously rejected his budget.
easternherald.com


