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France's Deficit Fine Has Never Been Collected — Here's Why

There's a law in Europe that can fine a country for spending too much money. It has existed forover a decade. It has never once actually collected a single euro.France is inside that mechanism right now, under a Council recommendation to fix its deficit by2029 — and this week its bond yields hit their highest level since November 2008. So who isactually forcing France to change course: Brussels' own rulebook, or the market itself?I'm Anil Jangra. On EUROSCOPE we take one European story, one dataset, and one honest question —and work out what is actually happening, and why, using verified data…

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