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flag France proposes €44 billion in spending cuts to tackle a growing financial crisis, sparking backlash.

flag France faces a growing financial crisis with high public debt and a rising budget deficit, prompting Prime Minister François Bayrou to propose a €44 billion spending cuts package. flag Despite efforts to stabilize the economy, including tax changes and reforms, the plan has sparked backlash. flag With a stagnant economy and recession fears, the situation could worsen, potentially impacting the stability of the EU's debt structure.

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