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France's increasingly costly debt threatened by snowball effect

In the first half of the year, the French state's interest payments to its creditors jumped by 19%, reaching €34.5 billion. France now appears to have entered a prolonged cycle of sluggish growth and increasingly expensive debt, raising fears of a runaway spiral.

France's increasingly costly debt threatened by snowball effect

We haven't written up this one. Le Monde English has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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