France plans €5 billion education spending amid rising debt costs
Briefing by News4U · First published
DW English reports that France plans to spend an extra €4 billion on school renovations by 2030 and €1 billion on universities by 2029 amid nationwide protests, while public debt stands at around 120% of GDP and interest costs are projected at more than €79 billion in 2026. The French government faces protests over the rising cost of living and is grappling with mounting debt costs. France last balanced its national budget in 1974 and is expected to pay more than €79 billion in interest on its total public debt in 2026. [1]
Sources
- Amid protests, France's rising debt costs threaten stability
DW English · · Excerpt