The two European giants are in a slow-motion race towards the precipice of a financial crisis
The two European giants are in a slow-motion race towards the precipice of a financial crisis
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Substantial cuts to public spending are the only to avoid a financial bailout
Unsustainable debt and a lavish welfare system risk triggering a run on banks
French borrowing costs spike as country faces second collapse of its government within a year
A moribund government and an out-of-control budget deficit are a lethal combination
Across the channel public finances are approaching critical
The country refuses to tackle over-spending, assuming it can borrow forever – and we are heading in the same direction
France is in big trouble, again
