Europe’s Twin Headache: Economists Warn About Debt Pressures in UK and France

Warning lights are flashing in London and Paris as economists caution that rising debt, fragile politics, and market unease are straining the coffers of Britain and France, Europe’s second- and third-largest economies, respectively.

Neither country faces an immediate financial crisis, analysts say, but both are vulnerable to the kind of debt build-up, shaky fiscal credibility, and political struggles that have often preceded crises in the past.