France Faces Fiscal Pressure

France faces intense market pressure to rein in spending as a global bond selloff pushes borrowing costs higher. Citadel executive Angel Ubide warns that fragile public finances leave Paris with no room for fiscal mistakes ahead of elections.

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FILE PHOTO: A shopper pays for eggs with a ten-euro banknote at a local market in Paris, France, September 10, 2026. REUTERS/Stephanie Lecocq/File Photo

France has no room for fiscal errors as soaring borrowing costs trigger market pressure, according to Citadel executive Angel Ubide.

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