French Public Debt Reaches 119% of GDP, Emerges as Election Concern

France's public debt has escalated to a record 3.596 trillion euros, equivalent to 119% of its Gross Domestic Product, according to the National Institute of Statistics and Economic Studies. This significant increase in national debt is becoming a central topic ahead of next year's presidential election. The Prime Minister is anticipated to present the 2027 draft budget today, which will likely address these growing fiscal challenges.