France's national debt reached its highest level since 1995, according to the Ministry.

What it means

France's public debt is projected to reach 119.3% of GDP in 2026, its highest level since 1995, according to the Ministry of Economy and Finance. The debt is forecast to rise further to 121.7% in 2027, more than double the EU's 60% reference limit. This reflects a persistent deficit problem, with the government planning €54 billion in spending cuts to reduce the deficit to 5% of GDP.

Accuracy & sourcesGrounded

The claim originates from the French Ministry of Economy and Finance, reported by The Straits Times and other outlets. The reporting is close to the primary source, with ministry officials briefing reporters, making the claim solid.

How new

Genuinely new, published on September 18-19, 2026, reflecting current projections.

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