Barnier Says Financial Woes Take France Close to Edge of Precipice

Prime Minister Michel Barnier’s first policy address on Tuesday bought his new government time to fix France’s finances, while avoiding a major rebuke from investors. “The real sword of Damocles is our colossal financial debt,” said Barnier in a speech to lawmakers in Paris. “If we are not careful it will put our country on the edge of a precipice.” Bloomberg’s Caroline Connan reports.
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