France grapples with political instability as it lacks a government and a budget for the upcoming year. Despite warnings from politicians like Michel Barnier about potential market turmoil, financial markets remained stable. Criticism surrounds France’s excessive deficit, projected to reach 6.2% of GDP, well above EU limits. Though the French government faces scrutiny, no immediate crisis is expected; experts suggest that the ongoing debt crisis is moving slowly, allowing for a wait-and-see approach among investors.