Rising borrowing costs and political instability are placing significant strain on France's finances. Oxford Economics has cautioned that a major shock in the bond market could potentially push both France and Italy into recession by 2027. This warning suggests that the underlying issues facing France extend beyond recent unrest and looting. While recent events have drawn attention, economists highlight a concerning cycle of debt as a more fundamental challenge. The forecast does not currently anticipate a debt crisis as its primary scenario, but the risk remains present. The situation demands attention to fiscal policy and political stability to avert potential economic downturns in both France and Italy, according to the report.