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Story summary
- Finance Minister Roland Lescure cut the 2026 growth forecast to 0.5%.
- France will miss its 2026 deficit target of 5.0% of GDP.
- Debt-service spending rose to €65 billion this year, €4.5 billion above the original plan.
- The 10-year risk premium over German bonds widened to its widest level since 2012.
- Lescure cited political uncertainty, energy price spikes, extreme summer weather, and higher borrowing costs as shocks.