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‘Not sustainable’ – French borrowing costs soar amid Budget and election uncertainty
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‘Not sustainable’ – French borrowing costs soar amid Budget and election uncertainty
France is facing a period of acute bond market stress that could last several years unless the presidential frontrunners for next year’s election commit to tackling its gaping deficit, analysts have warned. The difference between French and German government borrowing costs – a key metric used to determine French debt risk – widened beyond 120 [...]
30 Sept, 15:52
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