Enormous Reform Pressure - Rising Interest Rates Blow Up France's Budget

France faces a financial crisis due to rising debt and interest rates, exacerbated by political instability and public protests. The government plans to allocate four billion euros for education despite limited financial flexibility. France's debt stands at around 120% of GDP, significantly higher than Germany's 65%. The country is paying higher interest rates on bonds compared to Germany, with a spread not seen since the Eurozone crisis. As interest costs rise, the government anticipates spending over 91 billion euros on interest in 2027. Political parties continue to propose costly measures without addressing the underlying financial issues, leading to concerns about a potential financial crisis.