French borrowing at ‘danger level’, says finance minister
4 years ago(FILES) In this file photo taken on November 7, 2019 French Economy and Finance Minister Bruno Le Maire leaves the Elysee palace in Paris after the weekly cabinet meeting. - France could see its deepest recession this year since the end of World War II, due to the coronavirus crisis, Finance Minister Bruno Le Maire warned on April 6, 2020. "The worst growth figure in France since 1945 was -2.2 percent in 2009, after the financial crisis of 2008. We will probably be very far beyond -2.2 percent" this year, Le Maire told a Senate panel. (Photo by Alain JOCARD / AFP)
France's borrowing has a reached a "danger level", Finance Minister Bruno Le Maire said on Monday amid calls for more public spending to help low-income households cope with galloping inflation.…