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Euro slides 5% in 2026 on French fiscal crisis, Spanish snap polls; ECB constrained
Anadolu Agency EN·FR · ES · US·2 days ago
Mario Draghi, former ECB President, stated that the ECB is unlikely to intervene in markets to support France, arguing that Europe is far from repeating the Eurozone debt crisis. This signals a hands-off approach despite potential market stress, reducing expectations of central bank backstop for French debt.
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