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Euro zone ministers to urge France to pass 2027 budget

Euro zone finance ministers and the ECB are set to tell France on Thursday to pass a 2027 budget to calm bond markets, with French borrowing costs at 25-year highs.

Euro zone finance ministers and the European Central Bank are set to tell France on Thursday to pass a 2027 budget to calm bond markets, senior euro zone officials said. French borrowing costs are hovering at 25-year highs, they said, as the country remains at the centre of a bond market storm on worries over its public finances.