French PM Barnier Warns of 'Colossal' Debts in Inaugural Address

In his inaugural address to the French parliament, new Prime Minister Michel Barnier warned that the country's growing debts are a 'sword of Damocles' over its finances. Facing opposition heckles, Barnier outlined his policy plans, which he aims to push through without a legislative majority.

In his inaugural address to parliament, new French Prime Minister Michel Barnier sounded the alarm about the 'colossal' and escalating debts that he described as a 'sword of Damocles' threatening the country's finances.

During his speech at the National Assembly, Barnier outlined his policy goals and announcements, despite the lack of a ruling majority for his fledgling government.

The address was frequently interrupted by opposition lawmakers vying to make themselves heard amid Barnier's remarks.

(With inputs from agencies.)