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Story summary
- Finance ministry projects public debt reaching 119.3% of GDP in 2026, a record level.
- Ministry forecasts debt climbing to 121.7% of GDP in 2027.
- Ministry expects a 5.4% GDP deficit in 2026, up from 5.1% in 2025.
- Prime Minister Sébastien Lecornu announced a €54 billion savings plan for the 2027 budget.
- France's bond premium over Germany rose more than one percentage point, the first increase since the euro-zone debt crisis.
