Elections
French Minister Warns of Truss-Like Debt Crisis If Le Pen Wins
- The French finance minister spoke Tuesday night in the north
- He warned that the country could face a ‘Liz Truss scenario’
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Finance Minister Bruno Le Maire warned that France would be plunged into a debt crisis similar to one sparked in the UK two years ago if far-right leader Marine Le Pen were to win legislative elections slated for the end of the month and implement her economic program.
He said at an event in his former constituency in northern France that policies the National Rally party has in the past supported — such as cutting sales taxes and reducing the retirement age — would cost hundreds of billions of euros.