# Eurozone debt crisis fears rise

> Eurozone debt crisis fears rise as France's debt hits 119% of GDP.
- Title: Eurozone debt crisis fears rise · MoneyWeek | Shortify
- Summary: Eurozone debt crisis fears rise as France's debt hits 119% of GDP. France's public debt at 119% of GDP and rising eurozone borrowing costs threaten a debt…
- Keywords: eurozone, france, public debt, gdp, euro, government bonds, cac 40, primary deficit, debt, crisis, fears, rise
- Source: MoneyWeek — https://moneyweek.com/economy/eu-economy/euro-falls-trouble-brewing-in-the-eurozone
- Published: 2026-10-09T11:00:00+00:00
- Read time: 1 min
- Topics: eurozone, france, public debt, gdp, euro, government bonds, cac 40, primary deficit
## Euro hits 20-month low
The euro fell to a 20-month low against the US dollar, sparking concerns about a new eurozone debt crisis.
## France's public debt at 119% of GDP
France's public debt stands at €3.596 trillion, equivalent to 119% of GDP.
## Ten-year bond yields near 5%
The yield on ten-year government bonds approached 5% for the first time since 2002.
## CAC 40 share index down 6%
The local CAC 40 share index dropped 6% over the past month.
## France lacks political consensus
France lacks political consensus to implement fiscal reforms, unlike Italy which has achieved primary budget surpluses.
## Debt crisis risks remain
France's fiscal problems are real, but the eurozone has tools to manage a debt crisis without contagion.
## Key takeaway

France's public debt at 119% of GDP and rising eurozone borrowing costs threaten a debt crisis, but the ECB and member states have tools to manage it.