Amid protests, France's rising debt costs threaten stability

France is facing a financial crisis as public debt rises to 120% of GDP, with interest costs increasing significantly. The government plans to spend €4 billion on education amid protests, but lacks the fiscal capacity to do so. France's credit rating is lower than Germany's, leading to higher borrowing costs. The spread over German bonds has surged, indicating market concerns about France's debt levels and political instability. Despite awareness of high debt, many citizens benefit from government services, complicating efforts for fiscal reform. Political parties continue to propose costly measures without addressing the underlying economic issues, creating a precarious situation.