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Greece Now Outperforming France in Market Confidence, Says Budget Office Report Greece now appears more reliable than France in the markets, according to the Budget Office's quarterly report, which devotes a special chapter to France as a "case study" of how political instability can turn into an economic burden. Since mid-August, political uncertainty in Paris has pushed French bond yields above Greek ones, with the gap persisting for over a month. Fitch's downgrade of France to its lowest rating in history further highlighted the cost of instability. In contrast, Greece has benefited: the combination of turmoil abroad and prudent domestic fiscal policy has improved the standing of Greek bonds, attracting more investor interest, capital inflows, and lowering refinancing costs. The Office stresses that this turnaround is not accidental but grounded in stronger fiscal performance and solid growth. Greece is expanding at 2.2% this year...

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