French public debt to reach new record level in 2027, exceeding 120% of GDP — Live Feedhttps://www.live-feeds.com/feed/french-public-debt-to-reach-new-record-level-in-2027-exceeding-120-of-gdpContinuously updated, source-cited coverage. French Premier proposes 54 billion euro spending cut to combat rising debthttps://www.live-feeds.com/feed/french-public-debt-to-reach-new-record-level-in-2027-exceeding-120-of-gdphttps://www.live-feeds.com/feed/french-public-debt-to-reach-new-record-level-in-2027-exceeding-120-of-gdp#u78855Mon, 21 Sep 2026 16:26:12 +0000Premier Lecornu is pursuing a 54 billion euro savings drive to reduce the national deficit as public debt climbs toward record levels. The French finance ministry expects debt to reach nearly 120% of GDP by 2026, while other projections suggest it will exceed 120% by 2027. This fiscal tightening comes amid growing public protests. While the government seeks to curb the deficit blowout, some officials like Lescure argue France must maintain its 3% budget anchor.Why it mattersFrance faces a critical fiscal period as debt-to-GDP ratios hit new peaks. These measures aim to stabilize the economy an