Politics
A FEW ECONOMIC DATA ON FRANCE’S CURRENT SITUATION THAT ALARM's P.M BAYROU
WARNS OF RISING DEBT COSTS OF €3,300 Bn
French Economy Min Eric Lombard, PM Bayrou, Touris (Source: Rahma Sophia Rachdi, Jedi Foster)
French PM Francois Bayrou Press Conf Segur
(Source: Rahma Sophia rachdi Jedi Foster)
(Source: Rahma Sophia rachdi Jedi Foster)
He added, “France’s public debt has now reached its highest historical level, and the interest burden increases each year,” underlining “the necessity of a national effort to reduce the deficit.”
The Prime Minister also referenced countries that were bailed out or placed under supervision, such as Greece, Argentina, and Sweden, as well as those that managed to rebound, like Portugal and Spain. He also recalled that “Great Britain faced a crisis situation, and Liz Truss’s government lasted only six weeks.” This is how PM Bayrou justified his decision to take the risk of potentially bringing down his own government by submitting his forthcoming general policy speech very democratically to the French Parliament : Confidence Vote, 8th Sept
PRIME MINISTER PROPOSED A STRATEGY BY SEEKING A CONFIDENCE VOTE AHEAD OF THE 10th September MOVEMNET OF “BLOCKING FRANCE”
Two days before September 10, anticipating the “Block Everything” movement, Prime Minister Bayrou declared: “French citizens have the right to protest, but we have the duty to move forward. France is not those who seek to bring it down through disorder; it is those who wish to build it through courage and generosity.”
“Into this debate has grown a radical protest movement, led by Jean-Luc Mélenchon and LFI, which, by their own words, aims to block everything and call a general strike. I have condemned this strategy of disorder,” he added.
Two days before September 10, anticipating the “Block Everything” movement, Prime Minister Bayrou declared: “French citizens have the right to protest, but we have the duty to move forward. France is not those who seek to bring it down through disorder; it is those who wish to build it through courage and generosity.”
“Into this debate has grown a radical protest movement, led by Jean-Luc Mélenchon and LFI, which, by their own words, aims to block everything and call a general strike. I have condemned this strategy of disorder,” he added.
SOME EUROPEAN COMPARATIVE INDICATORS (2025)
Debt-to-GDP ratio:
• France: 115%
• Germany: 65%
• Italy: 140%
Debt-to-GDP ratio:
• France: 115%
• Germany: 65%
• Italy: 140%
Growth rate:
• France: 1%
• Germany: 1.03%
• Italy: 0.7%
Unemployment rate:
• France: 8%
• Germany: 4%
• Italy: 8.2%
• France: 1%
• Germany: 1.03%
• Italy: 0.7%
Unemployment rate:
• France: 8%
• Germany: 4%
• Italy: 8.2%
Trade balance:
• France: -€87 billion
• Germany: Surplus
• Italy: -€45 billion
GDP (2025):
• France: €2,800 billion
• Germany: €4,200 billion
• Italy: €2,100 billion
SOURCES : Institute avant-garde, Vie publique, Le Point
• France: -€87 billion
• Germany: Surplus
• Italy: -€45 billion
GDP (2025):
• France: €2,800 billion
• Germany: €4,200 billion
• Italy: €2,100 billion
SOURCES : Institute avant-garde, Vie publique, Le Point
PRIME MINISTER BAYROU WARNS OF RISING SEVERE DEBT COSTS
Prime Minister Bayrou cautioned, “The cost of debt will weigh heavily on France. It will rise even further if we take no action, restricting our room for maneuver and our public policies,” while calling for a debate on the distribution of the national effort across all socio-professional categories.
Indeed, the cost of debt servicing is expected to increase sharply from 2026, reaching around €55 billion per year, with a continuing upward trend toward 2030. The debt service burden has been growing year by year, exceeding €55 billion in 2025.
In this context, PM François Bayrou advocates for an urgent national rallying effort to prevent France from entering a prolonged and dangerous fiscal drift.
Prime Minister Bayrou cautioned, “The cost of debt will weigh heavily on France. It will rise even further if we take no action, restricting our room for maneuver and our public policies,” while calling for a debate on the distribution of the national effort across all socio-professional categories.
Indeed, the cost of debt servicing is expected to increase sharply from 2026, reaching around €55 billion per year, with a continuing upward trend toward 2030. The debt service burden has been growing year by year, exceeding €55 billion in 2025.
In this context, PM François Bayrou advocates for an urgent national rallying effort to prevent France from entering a prolonged and dangerous fiscal drift.
The French Prime Minister Bayrou, who is in office, for eight months, concluded by urging collective responsibility, emphasizing that today’s decisions will shape the future of France. He stressed that all citizens, from families to businesses, must contribute to stabilizing public finances. “The choices we make now will affect our children and the generations to come,” he reminded his audience. The Prime Minister called for a balanced, fair, and inclusive approach to managing debt and national effort. He underscored that decisive action today is essential to ensure long-term economic stability and opportunity for future generations especially the kids “Because those who never speak up and do not vote are the children, and children are the most important for building our future,” concluded Prime Minister Bayrou, durign his address before the hundread of journalist at the Press conference of today, at Segur building..../Reported by Rahma Sophia Rachdi on site, our handyjournalist
French Prime Minister Francois Bayrou Minister Of Economy Eric Lombard Matignon Debt Crisis Jedi Foster Rahma Sophia Rachdi
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