TLDR News EU — Will the ECB Bail Out France?
4 Articles
4 Articles
While the rate at which France borrows on the markets has passed the symbolic mark of 5% last week, the risk that our country will have to resort to the help of the European Central Bank has never been so strong. It remains to be seen how.
‘If stress in France ends up contaminating the rest of the eurozone, the ECB will have to do something,’ says French economist
France needs spending cuts, but its politics can’t deliver them. Former Macron adviser and economist Shahin Vallée on the protests, Le Pen and Mélenchon’s debt plans, and the dilemma holding back ECB intervention.
TLDR News EU — Will the ECB Bail Out France?
We’re taking another look at France's fiscal crisis; why it presents the European Central Bank (or ECB) with a difficult dilemma; and why some sort of ECB bailout is perhaps more likely than is commonly assumed. Sources: France bond yield data https://tradingeconomics.com/france/government-bond-yield https://www.worldgovernmentbonds.com/spread/france-10-years-vs-germany-10-years/ France debt/deficit data: https://ec.europa.eu/eurostat/en/web/pro…
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