French bond sell-off ‘reminiscent of the euro crisis’ as Paris proposes cuts and tax rises – business live

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Guardian Business

French bond sell-off ‘reminiscent of the euro crisis’ as Paris proposes cuts and tax rises – business live

Rolling coverage of the latest economic and financial news The euro is trading close to the 17-month low hit yesterday, when the single currency fell by over 0.75% to as low as €1.1214. Ipek Ozkardeskaya, senior analyst at Swissquote, says jitters about France are hurting the euro: The sharp weakening of appetite for French debt is a big issue for the broader euro area and the euro itself. France is the euro area’s s…