'Spain has managed to bring its public finances under control. France has not.'
Le Monde · 18 Sep 2026

'Spain has managed to bring its public finances under control. France has not.'

Both countries saw their debt-to-GDP ratios soar above 100% in 2020, but Spain has since made significant progress. Its key advantage: economic growth outpacing the eurozone, writes Le Monde columnist Isabelle Chaperon.


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