Tag: Euro Zone

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France Matches Greece in Borrowing Costs as French Debt Woes Deepen

For the first time in over a decade, France's borrowing costs have matched those of Greece, highlighting growing concerns about France’s rising debt and political instability. As Prime Minister Michel Barnier’s government faces opposition over a controversial budget, bond investors are wary that the country's fiscal challenges could worsen. Meanwhile, Greece, once seen as a debt-laden crisis state, has made significant strides in reducing its debt, making its bonds more attractive to investors compared to France.