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flag France's financial crisis, with debt at 114% of GDP, escalates due to political deadlock.

flag France faces a severe financial crisis, with its debt at 114% of GDP and borrowing costs soaring. flag This turmoil stems from political deadlock in parliament, preventing necessary fiscal adjustments. flag The situation has raised concerns at the European Central Bank (ECB) meeting, though the bank is unlikely to intervene directly. flag The crisis highlights broader issues of unsustainable spending and political inaction in managing public debt across Europe and the US.

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