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Debt, a new challenge for democracies

The rise in long-term interest rates drives up the cost of government debt, just as funding needs reach unprecedented levels. Restoring public finances requires unpopular choices and risks fueling the discontent that extremist parties thrive on.

Debt, a new challenge for democracies

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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