France dodged a downgrade at Moody’s Ratings, respite for a country beset by surging bond yields, political gridlock and street protests.

French Finance Minister Roland Lescure said the current market turbulence is making political parties across the spectrum see the need for fiscal prudence, voicing optimism that his country’s parliament will back his budget.

French business uncertainty jumped in September on concerns about fuel prices and a deterioration of the economy, another headwind at a time of bond-market tensions.

With the government unable to put its finances on sound footing, what happens between now and April's election could roil the whole euro zone.

France’s finance ministry said it is not changing its strategy for bond issuance and will continue to use the flexibility it has at auctions.

From street protests to a bond market rout, France’s multiple crises are threatening to drag the European Central Bank into the kind of faceoff with investors that it hasn’t seen since the euro area’s debt crisis more than a decade ago.

European Central Bank Governing Council member Emmanuel Moulin said the situation on France’s bond market is complicated and serious, but doesn’t warrant intervention from Frankfurt.

French far-right presidential candidate Marine Le Pen called on the European Central Bank to lower borrowing costs to give euro-area countries headroom to invest in their sovereignty, defense and technology.

French Finance Minister Roland Lescure said the country is far from needing the European Central Bank to step in even as it wrestles with soaring bond yields.

Far-right French presidential candidate Marine Le Pen proposed a sharp deficit reduction and called on the European Central Bank to intervene to bring down surging debt costs as she seeks to assure investors of her financial credentials ahead of the election next year.

French industrial production unexpectedly fell in August as a retrenchment in electricity offset a small pickup in manufacturing.

Hundreds of French high schools were shut on Tuesday as teacher unions joined a student-led movement demanding more money for education that has spread across the country and sometimes turned violent.

Ten years ago, Roland Lescure quit a high-flying finance job in Canada to answer Emmanuel Macron’s call for an economic and political revolution in France. The banker was lured back to his homeland by the opportunity to turn back the rising tide of the far right and hand the next generation of leaders a pro-European, business-friendly bastion.

10-year yield premium over Germany is now at widest in 15 years.

France’s fiscal watchdog warned that the economic assumptions enshrined in the 2027 draft budget are “optimistic,” raising risks for plans to reduce a bloated deficit.

France’s government unveiled plans to sharply narrow the budget deficit by restraining spending and raising tax revenues, kicking off a debate that risks toppling the prime minister and stoking investor concern over the country’s debt.

France’s government unveiled plans to narrow the budget deficit sharply, kicking off a debate that risks toppling the prime minister and stoking investor concern over the country’s debts.

Inflation overshot estimates in France and Italy, increasing pressure on the European Central Bank to continue raising interest rates.

France is planning to sell a record amount of bonds in 2027 as the government seeks to fund a wide budget deficit and replace a large chunk of maturing debt.

France must cut spending and its budget deficit to tackle its debt problem and not expect the European Central Bank to step in, according to Bank of France Governor Emmanuel Moulin.