What Is the “Snowball Effect” of Debt and What Role It Has in Protests in France
6 Articles
6 Articles
El Universo
Prensa LibreThe French debt could grow on its own if interest outweighs economic growth, while Macron’s government seeks to contain the deficit.
As protests continue in France, the country’s accounts begin to generate concern
Massive demonstrations generate distrust of French bonds and could lead to financial instability
President Emmanuel Macron's government was overwhelmed and in some of the country's major cities curfews have been imposed to put an end to the looting and vandalism that had taken over them since last weekend.
France, one of Europe's leading economic powers, is facing serious financial pressure caused by deepening public debt, budget deficits, political instability, and mass social protests.
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