The Money Problem Fueling France’s Riots

France's reliance on cheap debt to fund crisis spending is unraveling as $1 trillion in debt comes due amid political paralysis.

• Riots over cuts: Half a million protesters hit French streets (100,000+ in Paris), with riots spreading to Marseille, Lyon, and Limoges, whose City Hall was burned.
• Budget trigger: Proposed 2027 budget cuts €43 billion in spending to address a deficit running above 5% of GDP.

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