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Business · 5 hours ago

Britain and France face austerity soon, forced by bond markets

Britain and France face austerity soon, forced by bond markets

For more than ten years, both Britain and France have overspent, accumulating debt and underinvesting. Bond markets will eventually impose harsh austerity on both countries. It is unclear which country will face it first, but the other will likely follow quickly.

Reported by The Telegraph · How we write briefs

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