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Thursday, 22 October 2026

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Jean-Luc Mélenchon proposes to cancel French debt

On August 24, Jean-Luc Mélenchon defended his debt cancellation proposal during the show Les Experts on BFM Business, alongside economists and academics.

Jean-Luc Mélenchon proposes to cancel French debt
Photo: jlm2017.fr · Wikimedia Commons · CC BY 4.0

The show Les Experts aired on BFM Business on August 24, focusing its debate on Jean-Luc Mélenchon's proposal to cancel French debt. The participants included Ingrid Barrat, an economist and public finance specialist, Gilles Raveaud, a lecturer at the Institute of European Studies at Paris-8 Saint-Denis, and Léonidas Kalogeropoulos, CEO of Médiations & Arguments.

The participants in the show examined the potential consequences of such a debt cancellation. Issues were raised regarding France's downgrade in Europe, highlighting the economic implications of this suggestion.

Ingrid Barrat provided her expertise on public finances, while the opinions of the other participants enriched the debate. The show was hosted by Laure Closier.

Jean-Luc Mélenchon proposes to cancel French debt
Photo: Place au Peuple · Flickr · BY-SA

Mélenchon's proposal raises questions regarding its feasibility and its impact on the French economy. The experts delved into how such a measure could fit into the current economic landscape.

Jean-Luc Mélenchon expressed his vision for reducing the French deficit, emphasizing the need for bold measures. This vision was contrasted with concerns raised by some experts.

The debate unfolded within a context of exploring possible solutions to current economic challenges, while taking into account the financial realities of the country.