France has joined the club of riskier borrowers on the Eurozone’s “periphery”, big investors say, as political turmoil undermines efforts to confront the country’s soaring debt.
French Prime Minister François Bayrou lost a crucial confidence vote on his deficit-cutting budget efforts on Monday, bringing down his government and worsening a crisis that has already pushed Paris’s borrowing costs close to their highest level since the Eurozone debt crisis.
At 3.47 per cent, France’s benchmark 10-year borrowing costs are above those of longtime Eurozone troubled borrower Greece at 3.35 per cent, and closing in on Italy at 3.51 per cent, two of the borrowers long deemed riskier by global investors.
您已阅读14%（699字），剩余86%（4382字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。