📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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International Netherlands: France's spending cut plan failing may put pressure on the euro
Jin10 data reported on July 15, analysts from ING stated in a report that if French Prime Minister Borne fails to reduce the budget deficit through spending cuts, the euro may face pressure. Borne is expected to announce a €40 billion spending cut in the fiscal consolidation plan to be released later. We need to closely follow the movements of French government bonds, as a failure of the spending cut plan (similar to the recent situation in the UK) seems likely to harm local fixed income products and the forex market. The recent policy reversal by the UK government on welfare reform has raised new concerns about its fiscal situation, leading to a significant drop in UK government bonds and the pound.