France is facing a growing crisis of confidence in its public finances, with borrowing costs reaching their highest level in more than two decades. Investors are now demanding higher yields on French government bonds than on Italian or Greek ones. With public debt nearing 120% of GDP and a deficit above 5%, the government is under pressure to rein in spending. However, deep parliamentary divisions and an approaching presidential election are making it difficult to agree on a solution, raising concerns that France's troubles could spread across the Eurozone.