Mélenchon proposes debt repudiation, alarming European markets

French presidential candidate Jean-Luc Mélenchon has floated a proposal to repudiate French state debt, a move experts warn could trigger a financial crisis and destabilize the eurozone. The proposal marks a sharp escalation in his anti-austerity platform, though its feasibility and political traction remain uncertain. Markets may react to the perceived risk of French debt repudiation.