France's increasingly costly debt threatened by snowball effect

In the first half of the year, the French state's interest payments to its creditors jumped by 19%, reaching €34.5 billion. France now appears to have entered a prolonged cycle of sluggish growth and increasingly expensive debt, raising fears of a runaway spiral.

In the first half of the year, the French state's interest payments to its creditors jumped by 19%, reaching €34.5 billion. France now appears to have entered a prolonged cycle of sluggish growth and increasingly expensive debt, raising fears of a runaway spiral.