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French lawmakers debate budget risks

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French lawmakers were due to begin debating the 2027 budget Tuesday as debt-crisis concerns highlighted vulnerabilities in Social Security financing and banks’ sovereign-bond holdings.

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”…net borrowing by advanced economies would reach 5.2 per cent of GDP this year, the highest since 2021, when the world was in the grip of pandemic lockdowns.

Deficits in China and the US will hit or exceed 8 per cent of GDP in 2026”

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October 13, 2026 at 4:48 AM

Reposted by Lars P. Feld

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Reposted by Lars P. Feld

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