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France Must Avoid Debt Crisis, ECB Bailout Unlikely: Bank of France Chief
Valor Econômico·FR·about 2 hours ago
Jean-Luc Mélenchon's proposal to freeze or write off parts of France's state debt has become a contentious issue ahead of the 2027 presidential election. ECB chief Christine Lagarde dismisses the plan as illegal, while France's high debt level is straining the country's economy. Several media outlets report this.