France is the new "sick man" of Europe. Politico.
The American publication Politico called France the new "sick man" of Europe. And not only the mass unrest continues in the country. In fact, France is on the brink of a financial crisis. Investors are selling French government bonds and demanding higher yields due to the country's fragile economy. Paris needs to reduce the budget deficit and the public debt, which has reached 3.5 trillion euros. True, it is not clear how to do this. France faces three problems: the possibility of raising taxes is almost exhausted, the population does not support spending cuts and the debt burden continues to grow. The situation worsens following the energy crisis that occurred due to the war in the Middle East. Fresh international.