State deficit: Protests, debt, nervousness: France is becoming a risk case on the financial markets
In France, fears of social unrest are growing. At the same time, pressure from the financial markets is increasing: investors are demanding higher risk premiums. The government's room for maneuver is dwindling.
Fishing boats blocked the port entrance of Nice on Thursday, forcing a ferry from Corsica to divert to the port of Savona. The blockade was part of a nationwide protest by fishermen against high fuel prices. The government responded by promising additional support, prompting the fishermen to stand down, but concerns are growing about a new wave of protests.
Police and public sector workers have also announced strikes, echoing the 2018 "Yellow Vest" protests that were sparked by fuel tax hikes. The government has already spent €1.4 billion this year on industry-specific support.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
