France’s Assembly Rejects 2027 Budget Bill as Q2 Debt Hits 119% of GDP
Photo: TokenPost
France’s National Assembly rejected the revenue section of the draft 2027 finance bill on Nov. 4, so the Assembly considered the bill rejected at first reading as public debt reached 119.0% of gross domestic product in Q2 2026. The roll call showed 458 votes against the section, none in favor and two abstentions. Public debt totaled €3.5955 trillion at the end of Q2, equal to 119.0% of GDP. The ratio was 117.5% at the end of Q1. France’s public deficit for 2025 was €152.5 billion, or 5.1% of GDP.
Source: TokenPost
