Saturday, 10 October 2026 Updated 26 min ago
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Nobel winner Krugman says France may have become 'too big to save'

Economist Paul Krugman sounded the alarm on a looming "ugly crisis," while former ECB head Jean-Claude Trichet said French politicians must compromise.

CNBC reports: Economist Paul Krugman sounded the alarm on a looming "ugly crisis," while former ECB head Jean-Claude Trichet said French politicians must compromise.

This business story centres on France. Names and organisations mentioned in the coverage include Economist Paul Krugman, Krugman and ECB.

Why it matters

Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location
France · Europe
Reported by
CNBC
First reported
Key names
Economist Paul Krugman, Krugman, ECB, Jean-Claude Trichet
Section
Business

Sources

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Read the full story at CNBC

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