France Central Bank Chief Warns of Debt Interest 'Choking' as Deficit Pressures Mount

Bank of France Governor Emmanuel Moulin warned that rising interest rates on French debt could 'choke' the economy, highlighting the escalating cost of servicing the country's large public debt. He stressed the need to reduce the general budget deficit, signaling growing fiscal strain. The warning underscores market concerns over France's fiscal trajectory amid elevated borrowing costs.