Spendthrift France Stuck in a Quagmire With No Exit as Pension Reform Stalls

The Chosun Ilbo · 홍준기 기자 · 2026-11-06 12:36 UTC

Spendthrift France Stuck in a Quagmire With No Exit as Pension Reform Stalls Issue Focus Three Bond Experts Weigh In on Frances Debt Strain

“If Italy’s debt is yesterday’s debt, France’s debt is tomorrow’s debt.” (Masahiko Loo, chief bond strategist at State Street Investment Management)

“The fundamentals of Southern European countries are better than France’s.” (Shinji Kunibe, lead portfolio manager for global bonds at Sumitomo Mitsui DS Asset Management)

“With no parliamentary majority, reaching agreement on pensions looks difficult.” (Evelyne Gomez-Liechti, multi-asset strategist at Mizuho International)

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