France is Grappling With Protests and Soaring Bond Yields. The IMF Chief Told Paris to Get Its 'House In Order.'

Source: International Business Times

IMF head Kristalina Georgieva called on France to address climbing bond yields and a difficult political climate. Reuters International Monetary Fund (IMF) head Kristalina Georgieva called on France to reduce deficit spending as the country grapples with soaring bond yields and a political crisis. Speaking to CNBC, Georgieva called on the country to bring its deficit below 5%, something that has not happened since 2022.