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Extra debt now not an answer | De Volkskrant – Netherlands

An rate of interest hike will hit France exhausting, La Croix fears, including that the individuals ought to concentrate on this earlier than the final elections:

“For nearly 50 years our nation has been dwelling past its means with a funds deficit. The ECB’s accommodating coverage hid this actuality, however just for a time. The bulk that emerges from the polls on June 19 will face a brand new state of affairs. Within the meantime, voters ought to have a look at the events’ programmes – each these which contain spending with out counting and people who promise additional tax cuts – with extra objectivity. In each circumstances there’s the hazard that these guarantees will fail due to debt financing.”

This text was initially printed by eurotopics.internet. Learn the authentic article right here.

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