The French labour minister, Michael Sapin, described the nation as "totally bankrupt" in a recent interview, leaving the French President Francois Hollande to minimise reputational damage.
Bob Jolly (pictured), head of global macro at Schroders, reviews a year in global bond markets and asks what themes could characterise the asset class in 2013.
A Ratner moment, Skandia cost cuts and more taxes on the rich all made our top ten list of best read stories on the Investment Week website this week.
Moody's has stripped France of its AAA rating as Artemis' William Littlewood becomes the latest fund manager to turn more negative on the country.
France's economy is looking increasingly troubled and it could be the next eurozone domino to fall, investors at Legal & General Investments and Carmignac Gestion have warned.
France is set to slide into recession imminently, sparking changes in government as soon as next Spring, according to Carmignac Gestion founder Edouard Carmignac.
Top UK equity income managers have been cutting their weighting in tobacco stocks as concerns over earnings momentum and new rules on plain packaging put pressure on share prices.
Societe Generale's former trader Jerome Kerviel has had his appeal quashed by a French court which also said he is liable for the €4.9bn he lost the bank.
Will James, European equity income fund manager at Standard Life Investments, explains why investors should not turn their backs on the region despite the negative headlines.
Angela Merkel and Francois Hollande will meet later this week to decide on whether to ease the terms of Greece's bailout package after the country yesterday pleaded for more time.
Better-than-expected German and French GDP figures have failed to offset peripheral weakness as the eurozone contracted by 0.2% in the second quarter.
France's economy will slip back into recession in the third quarter, posting a 0.1% contraction, the Bank of France has warned.
European stocks are climbing after a four day sell-off, following a pledge from European Central Bank president Mario Draghi that the ECB will "do whatever it takes to preserve the euro".
Spain's 5-year bond yields hit a new euro-era high at a disappointing auction today as investors cast doubt on the country's ability to repay its debt.
GMO's Jeremy Grantham has said there will be a number of opportunities for investors to snap up discounted European equities, as the crisis continues to roll on.
German chancellor Angela Merkel has again ruled out the creation of jointly-issued eurozone debt ahead of a crucial summit in Brussels this week.
Governments across Europe are set to buy Spanish and Italian bonds through two European rescue funds, a move the ECB hopes will send a signal to financial markets that Germany is behind the eurozone.
Will excessive caution lead wealth managers to miss out on lucrative opportunities? Katie Holliday reports.
Slowing industrial production is the largest headwind facing Northern Europe in the near term, according to Newton's bond manager Paul Brain.
UK funds could share a $5bn windfall after the European Court of Justice ruled foreign investment funds that invest in French companies should not be liable for a discriminatory withholding tax on dividends.