French debt burden grows: interest payments surge 19% in first half of year
The French state paid €34.5 billion in interest to creditors in the first half of 2026.
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The fact
This 19% increase is driven by high interest rates and growing public debt.
France faces a snowball effect combining low growth and rising debt costs.
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Why it matters
Cette hausse des intérêts pèse sur le budget de l'État, limitant ses marges de manœuvre pour les dépenses publiques et les investissements, avec un risque d'austérité accrue.