Is France broke? Is France broken?Marine Le Pen to join the left and bring down a minority government that was scrambling to stop a spiraling budget deficit. What is the plan for the far-right leader of parliament’s largest opposition party?
We will ask about a crisis that is been brewing ever since Emmanuel Macron’s surprise call of snap elections backfired last July with a hung parliament that constitutionally can not be dissolved again until summer. With next year’s budget yet to be approved, there will not be a U.S-style shutdown but it is anyone’s guess how a caretaker government limps along with a spiraling deficit.
Yes, the hangover from tax breaks and Covid-era subsidies has France borrowing at a higher cost than Greece… and with an opposition that wants no part of belt-tightening and neighboring Germany also in political and economic turmoil, it is all of Europe that just might have a problem.
Produced by Alessandro Xenos, Elisa Amiri, Rebecca Gnignati and Ilayda Ibip.
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