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France's Debt Crisis Threatens Stability Ahead of Elections

12/6/2025

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Summary

Story summary

Pierre Moscovici, the First President of the French Court of Auditors, says France faces government instability and high debt.
He notes France's public debt stands at 115% of GDP, well above the EU average.
He referenced allegations against Federica Mogherini related to a corruption scandal and urged exemplary conduct.
He said peace in Ukraine requires European involvement and that France must regain control before the 2027 presidential elections.

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Story summary

Pierre Moscovici, the First President of the French Court of Auditors, says France faces government instability and high debt.
He notes France's public debt stands at 115% of GDP, well above the EU average.
He referenced allegations against Federica Mogherini related to a corruption scandal and urged exemplary conduct.
He said peace in Ukraine requires European involvement and that France must regain control before the 2027 presidential elections.