EconomyCould France trigger another eurozone debt crisis?
France faces a deepening crisis of confidence in its public finances, with borrowing costs at their highest in more than two decades and French government bond yields above those of Italy and Greece. Debt is nearing 120 percent of GDP and the deficit exceeds 5 percent, putting pressure on the government to curb spending as protesters demand more education investment. A divided parliament and an approaching presidential election make agreement difficult, raising fears the trouble could spread across the eurozone.
Could France trigger another eurozone debt crisis?
Economy