France's fiscal fragility raises sovereign debt crisis risk, warns ex-IMF official

Desmond Lachman, former IMF deputy director, warns in Le Monde that France cannot rely on ECB backstop to manage its public finances, raising fears of a sovereign debt crisis with global spillover. The claim is an opinion, not a confirmed event, but highlights growing market concern over French fiscal sustainability. If realized, it could trigger broader eurozone contagion and market stress.