Mmastodon WorldEU Politics first seen 2 h ago, last 51 min ago, peak #4
France to Borrow Record €340 Billion for Debt Refinancing
Original: ⚡ NEWS France to Borrow Record €340 Billion Amid Debt Refinancing The French government plans to issue a record €340 bil
France plans to issue a record €340 billion in bonds next year, according to the country's public debt management office. The borrowing will largely refinance debt run up during the Covid-19 pandemic, with officials citing a rising public deficit and growing borrowing costs. The record issuance figure is drawing attention to the state of France's public finances.
Why now: Record borrowing levels highlight growing concern over France's deficit and debt sustainability.
FranceFrench public debt management office (Agence France Trésor)
Rank over time, top of the chart is #1. 3 snapshots from 2 h ago to 51 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/404071