Weather Data Source: 30 days weather Baghdad
Baghdad
urgent

Shocking statements about the bankruptcy of France and Germany amid record debt figures and economic recession

#
Witer 1    -      100 Number of views
28/09/2026 | 04:11 PM

Statements from the leader of the "Alternative for Germany" party have sparked widespread controversy regarding the financial and economic situation in the European Union, after she described both France and Germany as being in a critical financial state, amid rising public debt indicators and a slowdown in growth rates.

Economic data reviewed by the "News Video Agency" indicate that the public debt in France has surpassed 4 trillion dollars, constituting about 118% of the country's Gross Domestic Product (GDP). French debt interest recorded around 40 billion dollars during the first half of this year, with expectations that these interests will become the largest item in the French budget before the end of the current decade, coinciding with the recording of zero growth in the French economy during the second quarter.

In Germany, the levels of public debt reached approximately 3.3 trillion dollars, with the economy showing slight growth, highlighting the economic decline being experienced by the largest economic power in the Eurozone.

Politically, this data coincided with proposals from various political factions; the right-wing candidate from the previous French presidential election called for withdrawal from the Eurozone, while representatives from the populist left suggested writing off part of the public debt.

Observers and economists believe that such statements and proposals from radical and populist forces often come within the framework of attempts to gain public support and politically leverage economic pressure, and do not necessarily reflect official trends that are applicable in reality.