"Frogs", the mocking acronym that warns about the French debt bomb
Between the historical deterioration of its debt, an uncertain fiscal trajectory and a rise in social grunt, France is concerned about the markets and the international economic press. To describe this defiance, the Rexecode Institute proposed the acronym "Frogs", with reference to the sobriquet of "grenouilles" which the British affront us.
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"Frogs", the mocking acronym that warns about the French debt bomb — Image credit: France 24 (Français)
Between the historical deterioration of its debt, an uncertain fiscal trajectory and a rise in social grunt, France is concerned about the markets and the international economic press. To describe this defiance, the Rexecode Institute proposed the acronym "Frogs", with reference to the sobriquet of "grenouilles" which the British affront us.