For the first time in over a decade, France’s borrowing costs have matched those of Greece, highlighting growing concerns about France’s rising debt and political instability. As Prime Minister Michel Barnier’s government faces opposition over a controversial budget, bond investors are wary that the country’s fiscal challenges could worsen. Meanwhile, Greece, once seen as a debt-laden crisis state, has made significant strides in reducing its debt, making its bonds more attractive to investors compared to France.
Tag: Debt-to-GDP Ratio
Greece has seen significant growth in investment volume, recording the largest percentage increase in the EU. However, it still ranks last among EU countries for investment as a percentage of GDP, with only 14% compared to the EU average of 21.8%. Despite recent improvements, Greece’s public debt remains the highest in the EU, raising concerns about the sustainability of its economic progress.
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