Source link : https://love-europe.com/2024/11/29/france/is-france-heading-for-a-greek-style-crisis/
France’s president Emmanuel Macron with Greece’s prime minister Kyriakos Mitsotakis (Getty images)
For the first time ever, France’s borrowing costs have risen above those of Greece. As of today, the bond markets have decided that French debt is a riskier bet than Greece, the country that 15 years ago almost crashed the entire euro-zone with its fiscal extravagance and irresponsibility. True, to some degree that reflects an improvement in Greece’s position, as well as the decline of France’s.
Unlimited access to spectator.com.au and app
The weekly edition on the Spectator Australia app
Spectator podcasts and newsletters
Full access to spectator.co.uk
Or
Unlock this article
REGISTER
Author :
Publish date : 2024-11-28 23:54:00
Copyright for syndicated content belongs to the linked Source.
The post Is France heading for a Greek-style crisis? first appeared on Love Europe.
—-
Author : love-europe
Publish date : 2024-11-29 07:54:41
Copyright for syndicated content belongs to the linked Source.