France News
France aims to halve social security deficit by 2027
The French government aims to reduce the social security deficit from €22 billion in 2026 to between €12 and €13 billion by 2027, with proposed savings including pension adjustments.
France's borrowing rate reaches 4.8%, highest since 2008
France's 10-year borrowing rate has reached 4.8%, the highest level since the 2008 financial crisis, according to Prime Minister Sébastien Lecornu. He cautioned that higher interest payments will limit funding for national priorities.
Waldemar Kita signs sale agreement for FC Nantes
Waldemar Kita has signed a preliminary agreement to sell FC Nantes to a group of investors led by Paulo Tavares, marking a significant step in the club's ownership transition after 19 years.
