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French economy minister denies country caught in debt ‘snowball’
France’s Economy Minister Roland Lescure denied on Tuesday that the country was trapped in a debt “snowball”, as he pressed opposition parties to pass a government budget for 2027. President Emmanuel Macron’s centrist government is anxious to pass a budget before the end of the year as it seeks to reassure markets that France can bring down its debt mountain. Amidst political jostling ahead of a presidential election next year, opposition parties on the left and right oppose the government proposals, while there is mounting public anger over spending cuts. [...]