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France faces £2.85 trillion 'debt explosion' - DAILY MAIL
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France is facing a staggering £2.58trillion 'debt explosion' and could soon be forced into the humiliation of an International Monetary Fund ( IMF ) bailout as Emmanuel Macron 's government teeters on the edge of collapse. Eric Lombard, the Economy Minister, issued a stark warning that 'a risk exists' that the IMF will be forced to bail out Paris.
The revelation comes amid widespread predictions that the French Government may be toppled in a matter of weeks after Prime Minister Francois Bayrou, 74, said he would seek a vote of no confidence in Parliament. Opposition parties from Jean-Luc Melenchon's radical-left France Unbowed to Marine Le Pens right-wing National Rally have vowed to bring Bayrou down. Even members of his own camp branded the move reckless. Nicole Dubre-Chirat, one of Bayrou's MPs, said his decision to seek a vote of confidence was '[like death]'
