French public-sector debt topped three trillion euros ($3.25 trillion) for the first time ever, statistics authority Insee said Friday as it presented data for the first three months of 2023.
Following a massive surge of borrowing to cushion the impact of the coronavirus and cost-of-living crises, the debt level reached 112.5 per cent of annual GDP at 3.01 trillion euros by the end of March, far above the European Union’s target of 60 per cent.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
French police arrest 150 protesting teenager’s killing over traffic violationThe teenager's mother called for a march on Thursday afternoon in the Paris suburb of Nanterre where he was killed, in tribute to her only child
Read more »
Top French Court Upholds Ban On Wearing Hijab During Football Matches | Sahara ReportersFrance’s highest administrative court has ruled that the country’s football federation is entitled to ban hijab (headscarves) in competitions even though the measure can limit freedom of expression. The Council of State issued its ruling on Thursday after a group of headscarf-wearing football players called 'Les Hijabeuses' campaigned against the ban and launched legal action, ESPN reports.
Read more »
Teen's killing: French operatives arrest 667 people over violence'Last night, our police, gendarmes and firefighters again courageously confronted rare violence. In line with my firm instructions, they made 667 arrests,' Interior Minister Gerald Darmanin wrote on Twitter.
Read more »
French Cop Charged Over Shooting Of Teenager As Police Arrest 667 Over Violent Protests | Sahara ReportersA French policeman who killed a teenager on Tuesday has been charged with homicide and is in custody. This comes amid the arrest of at least 667 people following a wave of protests across the country that greeted the fatal police shooting of the teenage boy, French Interior Minister Gerald Darmanin said via Twitter on Friday. Seventeen-year-old Nahel M was shot at point-blank range near Paris as he drove off and crashed soon afterwards, BBC reports.
Read more »
France braces for more protests after 'unforgivable' police shootingThe shooting had already sparked unrest in several Paris suburbs overnight.
Read more »
Nigeria tops Brazil, France, others as most crypto-savvy country- ReportThe researchers polled a representative sample of over 15,000 people across several countries, including Nigeria, between April and May.
Read more »