France has earned the brutal title of “the new sick man of Europe,” with five prime ministers in just over a year — matching Italy’s worst instability records. Commenting on the turmoil, Jamie Dutta notes that with sovereign debt reviews from Moody’s and S&P looming and fresh elections essentially a coin toss by year-end, France’s political paralysis risks spilling over into broader European markets. Even Germany’s fiscal optimism, he adds, is fading fast.

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