Is France facing a Greek-style sovereign debt crisis?
No.
At the height of the € debt crisis, Greek govt was spending almost 20% of all its revenue on interest payments. France is spending less than 4% (even less when subtracting interest paid on debt held by central bank).
No.
At the height of the € debt crisis, Greek govt was spending almost 20% of all its revenue on interest payments. France is spending less than 4% (even less when subtracting interest paid on debt held by central bank).
Comments
Here's what I believe the figures are on interest alone https://ec.europa.eu/eurostat/databrowser/bookmark/76c31b3b-9c38-4465-879c-dd260406ce66?lang=en