Holger Zschaepitz(@Schuldensuehner):#France vows to cut its deficit to 5% of GDP in 2027 after missing the 2026 target. A €54bn savings drive looks ambitious w/growth at just 0.5% and parliament deeply split. Markets show the credibility gap: 10y OATs yield ~97bps more than Bunds; near Euro-crisis highs.

Holger Zschaepitz

@Schuldensuehner

Holger Zschäpitz is market maniac @Welt and Author of 'Schulden ohne Sühne?' a book on states' addiction to debt. Pics:

Joined May 2009

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Holger Zschaepitz@Schuldensuehner

2026.09.17 17:47

#France# vows to cut its deficit to 5% of GDP in 2027 after missing the 2026 target. A €54bn savings drive looks ambitious w/growth at just 0.5% and parliament deeply split. Markets show the credibility gap: 10y OATs yield ~97bps more than Bunds; near Euro-crisis highs.