'Bayrou's best isn't enough': France heading to a crash, warns IMF's former chief economist

Like his ousted predecessor Michel Barnier, Bayrou has made deficit reduction a priority, although with less ambitious tax hikes and spending cuts designed to gain parliamentary support

'Bayrou's best isn't enough': France heading to a crash, warns IMF's former chief economist
Like his ousted predecessor Michel Barnier, Bayrou has made deficit reduction a priority, although with less ambitious tax hikes and spending cuts designed to gain parliamentary support