France's fiscal strain keeps deepening, with government borrowing costs hitting fresh multi-year extremes and the bond sell-off now spilling into bank stocks. Political wrangling o
France's fiscal strain keeps deepening, with government borrowing costs hitting fresh multi-year extremes and the bond sell-off now spilling into bank stocks. Political wrangling over deficit cuts continues, with a proposal to hardwire spending rules by referendum adding another layer to the budget standoff. Against that backdrop, a major French automaker's pledge of over ten billion euros in domestic electric vehicle investment stands out as a note of industrial confidence.
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