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flag France's per-capita GDP dropped below the EU average in 2026, sparking concerns over economic decline and political instability.

flag France’s per-capita GDP fell to 98 in 2026, placing it below the EU average and behind countries like Cyprus, Germany, and the UK, with analysts warning Poland may overtake it within a decade. flag The 2026 budget, approved amid political instability, raises taxes on high earners and corporations while increasing spending to over 1.7 trillion euros. flag Prime Minister Sébastien Lecornu acknowledged leading one of the weakest governments in decades, following a 2024 snap election that left the National Assembly without a majority. flag Critics, including former civil servant Nicolas Baverez, warn of a downward economic spiral, while law professor Frédéric Douet condemned tax hikes as ineffective.

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