Skip to content
The Paris

Who will come to France's rescue in the event of a debt crisis?

Who will come to France's rescue in the event of a debt crisis?
Photo: Le Monde in English · view original

As French government bond yields surpassed 5% for the first time since 2002, the specter of a true budget crisis is drawing closer. The main firewall remains the European Central Bank, while an intervention by the International Monetary Fund appears to be almost certainly ruled out.

Sources and story details