GLOBEALERT
BUSINESS● ELEVATED3h ago · Oct 30, 2026, 6:32 PM

Who will come to France's rescue in the event of a debt crisis?

Le Monde [en] · western europe

As French government bond yields surpassed 5% for the first time since 2002, the specter of a true budget crisis is drawing closer. The main firewall remains the European Central Bank, while an intervention by the International Monetary Fund appears to be almost certainly ruled out.

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