World · 2 hours ago
French government proposes €54 billion cuts after record debt and school protests
France's government has unveiled a 2027 budget with €54 billion in cuts, as public debt is expected to reach 119.3% of GDP this year. Interest payments alone could reach €100 billion by the end of the decade, surpassing spending on education or defence. The budget proposal comes after 400 high schools were shut on Friday, with students protesting and burning bins across the country.
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