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French Debt Levels Back in Focus as Government Gets to Work

  • Attal, Le Maire pledge to lower debt while fighting inflation
  • Little room for maneuver amid France’s high public debt levels
Skyscrapers illuminated at night in La Defense business district in Paris

Skyscrapers illuminated at night in La Defense business district in Paris

Photographer: Jasper Juinen/Bloomberg
Updated on

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France’s new government reaffirmed the country’s pledge to lower debt after the Covid-19 pandemic forced President Emmanuel Macron to carry out an unprecedented spending splurge to prevent the economy from crashing.