| ▲ | mytailorisrich 10 hours ago | |
France's public finances are really going badly to the point that mentions of looming financial crisis are becoming more frequent and serious. The country has high debts and high deficit but also high taxation, however successive governments have never taken the political risk of cutting spending. The end may be nigh [1] but in general farming subsidies are seen as strategic and as mentioned farming unions are superpowerful (writing as a Frenchman). [1] https://www.ft.com/content/d470e9dd-760c-46ae-93ec-014b59160... "France’s debt interest bill to jump 25% this year (2026)" | ||