One other looming political disaster is battering France’s repute on world markets. Borrowing prices spiked as buyers appeared to a doable vote of no confidence over the federal government’s price range proposal. That led the unfold between French and German bond yields to hit its highest stage since 2012. Additionally within the present – Ursula von der Leyen vows to extend the EU’s defence spending, as Russia ramps up its personal defence price range.
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French borrowing costs spike amid political turbulence
