图表：法国如何陷入债务困境
In charts: How one of the world's biggest economies got trapped by debt
France's parliament begins debating the 2027 budget as high deficits, rising debt and student protests drive up the political costs of fiscal consolidation. Government borrowing costs rose to nearly a quarter-century high, French bond yield spreads widened relative to Germany, and markets questioned whether the European Central Bank would be forced to intervene. INSEAD professor Antonio Fatas said the European Central Bank would not step in just to "rescue" France.
France's high deficit and borrowing costs have risen to nearly a quarter-century high, the spread between France and Germany has widened, and market discussions have heated up on whether the European Central Bank will be forced to intervene. This adds policy uncertainty to the trend of the euro and may also affect gold market sentiment through risk aversion channels. Follow-up attention should be paid to the European Central Bank's response to intervention expectations and whether the French budget debate can alleviate fiscal concerns.
法国长期高赤字叠加疲弱增长，已推高政府借贷成本至近四分之一世纪高位，并让市场开始计入欧洲央行被迫干预的风险。
来源：CNBC Economy · cnbc.com