French central bank head warns country at risk of being ‘strangled by interest rates’

Emmanuel Moulin says France can still reassure bond investors despite ‘serious and worrying’ market moves in recent days

Source: Financial Times

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DW NOTE

France spent €50 billion on interest payments in 2025. The bond market is now pricing default risk into a G7 sovereign that hasn't defaulted since 1797. When your central bank head uses the word "strangled," the reassurance has already failed.

Read the full story at Financial Times →