Can the Euro Survive Europe's Supply-Side Crisis? Paul Mortimer-Lee on France, Debt, and the ECB
Friday 30th October 2026
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Phil speaks with Paul Mortimer-Lee, Research Fellow at the National Institute of Economic and Social Research (NIESR) and former Bank of England forecasting head, to examine the deepening fiscal strain across Europe and determine whether France or the UK is in a more dangerous position. Paul argues that France is caught in a structural spending trap—with government outlays at an eye-watering 57% of GDP and political fragmentation…
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