𝕏xFR first seen 2 d ago, last 2 d ago, peak #5
ECB's nightmare: France debt crisis threatens eurozone
Original: The ECB's nightmare draws nearer: having to save France from its debt crisis to prevent the spread to the eurozone
French media are warning that the European Central Bank may be forced to step in and rescue France from its debt crisis to stop the turmoil spreading across the eurozone. Commentators describe such an intervention as the ECB's worst-case scenario, amid growing concern over France's borrowing costs and budget deficits and fears of contagion to other eurozone economies.
Why now: Fears that France's worsening debt situation could force an ECB bailout and destabilise the eurozone.
European Central BankFranceeurozone
Evidence
- The ECB's nightmare draws nearer: having to save France from its debt crisis to prevent the spread to the eurozone · BFMTV · 776
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