Debt hits 119% of GDP as teachers demand a raise
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France's public debt has surged to its highest level since 1946, reaching 119% of GDP, according to INSEE. This significant increase, totaling €3,595.5 billion, has sparked national and international concern, with experts speculating on the potential for a financial crisis.
The country is also grappling with widespread public sector strikes, particularly among teachers demanding salary increases after decades of declining purchasing power. Students in Saint-Denis and Paris high schools have joined the mobilization, protesting study conditions and government policies.
In other news, a video has reportedly surfaced proving Paris City Hall was aware of allegations of violence in after-school programs years before the scandal became public. Meanwhile, leading political figures Marine Le Pen, Gabriel Attal, and Jean-Luc Mélenchon have detailed their proposals for the housing sector.