France debt crisis: Political turmoil and budget deadlock put economy at risk - Mumbai Mirror
France debt crisis: Political turmoil and budget deadlock put economy at risk - Mumbai Mirror
Source: Mumbai Mirror
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DW NOTE
France's debt crisis is running on the same script as Italy 2011 and Greece before that: political paralysis turns a fiscal problem into a sovereign credibility problem. The spread to Bunds widens, the ECB mutters about conditionality, and Paris discovers that monetary union means you borrow on Frankfurt's terms, not your own.