France’s Debt Problem: Why Europe Isn’t Following Suit
- Miguel Virgen, PhD Student in Business
- Jan 14
- 3 min read
Updated: Mar 12
While many European nations have long grappled with high levels of debt, France’s fiscal troubles are emerging as a particularly stark case. With public debt now surpassing 113% of GDP, France is facing mounting pressure from both economic stagnation and the cost of social programs. The government’s ability to implement meaningful fiscal reforms has been constrained by public resistance, particularly to pension and labor market reforms, and this has raised concerns about long-term sustainability.
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