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France's political turmoil, marked by the dismissal of Prime Minister Michel Barnier over the 2025 budget, threatens to exacerbate its rising national debt, which has surged nearly 43% since 2017. Without a new budget, the deficit is expected to grow, undermining France's economic credibility and potentially leading to a recession by late 2024. The ongoing crisis could also pressure the euro and impact investor confidence in the eurozone.
Anastassios Frangulidis
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
France Faces Economic Turmoil After Government Collapse and Budget Crisis
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ESP
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Anastassios Frangulidis
Marine Le Pen
Michel Barnier
Emmanuel Macron
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18:32 04.12.2024
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