Violent protests in France over €54 billion budget cuts prompt emergency security talks

Image: CoinTurk News
Nationwide protests swept across France over the weekend, with demonstrations erupting into violent clashes in response to the government’s plan to reduce public spending by €54 billion by 2027. The proposed measures, intended to address France’s soaring public debt—currently approaching 120% of GDP—have prompted both political and economic turmoil. Lawmakers have called for strict spending reductions to stabilize the national budget, including capping pension increases and significantly reducing funding for public schools. Proponents argue these actions are vital to prevent financial crisis as the national debt continues to climb at an unsustainable rate. However, critics point out that these cuts coincide with already rising living costs, placing many citizens under greater financial stress. Soaring prices for basic goods and housing have sparked widespread frustration across the population.
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