{
  "id": 8487076,
  "title": "French finance ministry expects record debt in 2026, reaching nearly 120% of GDP",
  "url": "https://urgent.news/2026/09/19/french-finance-ministry-expects-record-debt-in-2026-reaching-nearly",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-19T15:12:59.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/french-finance-ministry-expects-record-debt-in-2026-reaching-nearly-120-of-gdp-4908097"
  },
  "original_language": "en",
  "account": "France's debt is projected to soar to a record high of 119.3% of economic output in 2026, with a potential debt-to-GDP ratio of 121.7% in the following year, according to the country's finance ministry. This projection comes from a statement made to the High Council of Public Finances, an institution responsible for assessing the government's revenue and spending forecasts.\n\nIn 2025, France's debt-to-GDP ratio stood at 115.7%, marking a significant increase from the below-100% levels seen in 2019. The ministry also anticipates a budget deficit of 5.4% by the end of the year. Prime Minister Sebastien Lecornu has expressed confidence that the 2026 deficit will be well below 5.5%, but he is facing the challenging task of implementing a €54 billion ($62 billion) savings plan in his 2027 budget to prevent the deficit from spiraling out of control.\n\nThe cost of borrowing for France has risen to more than a full percentage point above Germany's rates, a first since the eurozone debt crisis. This has highlighted growing concerns among investors about the deterioration of France's financial situation ahead of upcoming elections.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Le Monde English",
        "title": "French public debt to reach new record level in 2027, exceeding 120% of GDP",
        "url": "https://urgent.news/2026/09/19/french-public-debt-to-reach-new-record-level-in-2027-exceeding-120-of",
        "published": "2026-09-19T14:09:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}