7 October 2026 — Paris
France is facing mounting fiscal pressure as government borrowing costs rise amid a large budget deficit and political uncertainty.
Bank of France Governor Emmanuel Moulin said the situation is “serious,” but France does not currently need assistance from the European Central Bank (ECB). He stressed that France must reduce its deficit and restore market confidence.
Impact on Thailand: If the situation worsens and slows the European economy, Thailand could be affected through exports, tourism, capital flows, and movements in the euro against the baht.
There is currently no evidence that France has entered a full-scale “debt crisis.”
Vihok News
Source: Reuters — 7 October 2026
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