Could France’s debt crisis spread across Europe?
AI Summary
France’s rising fiscal concerns have pushed the premium on its government debt over German Bunds above 150 basis points. Analysts cited in the article consider a wider euro-zone debt crisis or cross-border contagion less likely than during the early 2010s.
While France’s mounting fiscal troubles have pushed the risk premium on French government debt over German Bunds past 150 basis points, the risk of a systemic euro zone debt crisis or cross-border contagion remains low compared with the turmoil of the early 2010s, according to analyses from Capital Economics and Mapfre AM. Capital Economics Chief ...