The economic situation in France is very difficult and new indicators remind us of this every day. After the budget deficit, which has been regularly revised upwards, we are now taking stock of the extent of the debt which amounts to 112% of the country’s GDP. If debt increased massively during the health crisis, to support the French economy, it increased by nearly 70 billion euros in the second half of 2024. To understand why France got to this point, interview with the economist Clara Léonard, co-founder and general director of the Avant-garde Institute.
