France's fiscal pressure keeps building, with government borrowing costs climbing to levels not seen in roughly a quarter century as the new cost-cutting budget lands amid politica
France's fiscal pressure keeps building, with government borrowing costs climbing to levels not seen in roughly a quarter century as the new cost-cutting budget lands amid political turmoil. Violent student protests and mass arrests continue to feed the unrest narrative, and the far right's rising poll standing adds another layer of uncertainty to the budget outlook. Markets are now watching whether the European Central Bank steps in to calm the bond stress, since the spread widening is starting to ripple across European peers.
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