France: Protests, Deficit, and Rising Borrowing Costs Raise Debt 'Snowball' Risk

Street protests in France, initially over public school funding, have broadened into a political crisis as the government faces a growing budget deficit and rising borrowing costs. Economists warn of a 'snowball effect' of debt, where controlling public finances becomes increasingly difficult. The situation is developing, with uncertainty over the government's fiscal response and market reaction.

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