Witold M. Orłowski: France's Burning Finances

In August 1944, Hitler questioned whether Paris would burn, ordering its destruction after the uprising. Despite his admiration for the city, it was saved by the Allies. France has a history of revolts, with recent protests against rising costs and pension reforms. While the media portrays chaos, the economic impact is minimal in the short term. However, France faces a growing deficit and high debt, ranking third in the EU. Political divisions complicate financial recovery, with upcoming presidential elections favoring populist candidates. France's rising debt, projected to reach 118% of GDP by 2026, poses risks for Europe.