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France warns debt near 120% as growth slows

By Drooid · Oct 31, 2026 · How we work

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French Prime Minister Sebastien Lecornu warned France’s public debt is near 120% of GDP.
France’s economy contracted in Q3, raising debt concerns amid political paralysis.
Eurozone growth slowed in Q3 as the U.S.–Iran war kept energy prices high.
Energy prices are expected to stay high through 2027, threatening further eurozone slowdown.
Rising government bond yields are increasing borrowing costs for households and businesses.

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French Prime Minister Sebastien Lecornu warned France’s public debt is near 120% of GDP.
France’s economy contracted in Q3, raising debt concerns amid political paralysis.
Eurozone growth slowed in Q3 as the U.S.–Iran war kept energy prices high.
Energy prices are expected to stay high through 2027, threatening further eurozone slowdown.
Rising government bond yields are increasing borrowing costs for households and businesses.