Germany has opposed EU-issued bonds to cover French government spending; figures show France’s debt at 120% of GDP, Germany at 65%

Germany doesn’t want to underwrite France’s chronic overspending.

🚨🚨🚨German Chancellor Merz has rejected French President Macron’s request for the European Union to issue bonds to pay for stuff France cannot afford.

Germany doesn’t want to pay for free stuff for the French govt which is deeply in debt.

Debt to GDP:

Germany 65%
France… pic.twitter.com/vcwO2elgnx

— Wall Street Mav (@WallStreetMav) February 12, 2026