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France's Debt on the Verge of Reaching Highest Level in 48 Years

Just now September 21, 2026 1 min read 📰 ISNA
📋 Key Takeaway

France's debt is increasing significantly, with projections indicating it will hit a 48-year high due to a severe budget deficit. This situation involves the French government and has implications for its economic stability. The rising debt levels could impact France's financial policies and international relations.

The French Ministry of Finance has announced that the country's massive debt is on the rise and, due to a severe budget deficit, will reach its highest level since 1978 this year.

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Translation confidence: 85%

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