Krugman Warns France May Be ‘Too Big to Save’ as Debt Fears Mount
Nobel laureate Paul Krugman has warned that France could be drifting toward an “ugly crisis,” sharpening market concern over the country’s fiscal trajectory and political paralysis. Former European Central Bank president Jean-Claude Trichet said French leaders must compromise, underscoring the pressure on Paris to restore confidence before borrowing costs and investor anxiety worsen.
