When issues received powerful, European finance ministers used to sigh and say that not less than they weren’t Greek. Right this moment, some would wrestle to make such a remark. On December 2nd the yield on Greek bonds fell under that on French ones, indicating traders thought it safer to lend to Greece than France. The yield on French bonds is now 0.8 share factors above German bunds, the euro zone’s benchmark, which is the widest hole for the reason that near-collapse of the euro in 2012. On December 4th the French government crumbled in a row over spending.
