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France’s Debt Spiral: Tax Hikes Mask A Looming Crisis

Flag of France, Economy and Euro Money

Zero Hedge

by Tyler Durden
Tuesday, Apr 07, 2026 – 02:00 AM

Submitted by Thomas Kolbe

On both sides of the Franco-German border, the same problem persists: overburdened and reform-averse politicians struggle against a rapidly accelerating debt spiral. Their preferred tool: higher levies.

Last week, France’s Finance Minister Roland Lescure reported a revision of the projected budget deficit for the current year.

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