France faces key budget vote as 10-year yield hits highest since 2002, public debt at 119% of GDP

France faces a key budget vote with public debt at €3.59 trillion, 119% of GDP. The 10-year bond yield touched 4.96%, its highest since 2002. Defence Minister Lecornu seeks to cut the deficit from 5.4% to 5% by 2027 amid protests and a fragmented Parliament.

Detected & updated continuously · Source: Nebula

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FranceSébastien Lecornu

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