French President Emmanuel Macron is grappling with both a political and economic crisis as Paris' borrowing briefly exceeded Greece's for the first time on Wednesday. On the bond market, where debt that has already been issued is traded, Greek bonds were ...

French borrowing costs effectively matched those of Greece on Thursday for the first time, as Michel Barnier's government teetered on the brink of collapse, underlining a dramatic shift in how lenders view the creditworthiness of euro zone members.

French borrowing costs have exceeded those of Greece for the first time, as Michel Barnier’s government teetered on the brink of collapse. Hard-Right and Leftist opposition parties have been threatening to bring down Barnier’s government over its budget that includes €60bn (£47bn) in tax hikes and spending cuts.