国际货币基金组织总裁格奥尔吉耶娃周三警告称，法国需要时间来控制其公共财政并完全恢复投资者信心，因为借贷成本上升正对欧元区第二大经济体造成新的压力。
France will need time to bring its public finances under control and fully restore investor confidence, the head of the International Monetary Fund warned on Wednesday, as rising borrowing costs put renewed pressure on the eurozone’s second-biggest economy.
“法国目前正致力于制定一项预算，以使赤字和债务呈下降趋势，”国际货币基金组织总裁克里斯塔利娜·格奥尔吉耶娃在曼谷的国际货币基金组织和世界银行年会上表示。
"France is currently aiming to get a budget that would put deficit and debt on a downward trajectory," IMF managing director Kristalina Georgieva said, speaking at the IMF and World Bank annual meetings in Bangkok.
然而，她补充说，要“在赤字和债务降至能够给予人们和投资者社区充分信心的水平之前，需要一些时间”。
However, she added that it would "take time before it could come down to levels that are providing confidence – full confidence – to people and to the investor community".
法国并非唯一面临借贷成本上升的国家，但近年来几周来，由于其财政困难与议会碎片化相叠加，公众因削减开支而日益愤怒——正如最近几周由抗议的学生所展示的——以及即将到来的总统选举，法国的财政状况受到越来越多的审查。
France is not alone in facing higher borrowing costs, but has attracted scrutiny in recent weeks as its fiscal difficulties collide with a fragmented parliament, mounting public anger over spending cuts – as demonstrated in recent weeks by protesting school pupils – and an impending presidential election.
国际货币基金组织此前曾警告称，政治碎片化限制了政府实施其计划中的财政调整的能力，而2027年大选前的不确定性可能会重新激发市场压力。
The IMF has previously warned that political fragmentation has limited the government’s ability to deliver its planned fiscal adjustment and that uncertainty ahead of the 2027 election could revive market pressure.
要显示此内容来自X（Twitter），您必须启用跟踪和受众测量。
To display this content from X (Twitter), you must enable tracking and audience measurement.
法国面临创纪录的3400亿欧元借款考验，因为政府正为2027年预算做准备。“不会出现债务雪球” 政府的预算草案旨在将公共赤字降至2027年国内生产总值的5%。但获得议会批准仍然充满不确定性，而政府在国民议会中缺乏稳定的多数。
France faces record €340bn borrowing test as government braces for 2027 budget‘No debt snowball’ The government’s draft budget aims to reduce the public deficit to 5 percent of GDP in 2027. But securing parliamentary approval remains far from certain, while the government lacks a stable majority in the National Assembly.
左翼和右翼反对党都对包括紧缩医疗支出和改革养老金指数化方式在内的措施进行了抨击。
Opposition parties on both the left and the right have attacked measures including tighter healthcare spending and changes to pension indexation.
政府正寻求在明年实施约430亿欧元的开支削减，同时采取其他措施，并试图大幅削减社会保障赤字。
The government is seeking to make around €43 billion of spending cuts alongside other measures next year, while also trying to sharply reduce the social security deficit.
促成今年预算案顺利通过的社会党对新提案提出了批评，而玛丽娜·勒庞领导的极右翼政党“国民联盟”也反对该方案中的部分内容。
The Socialist Party, which helped enable this year’s budget to pass, has criticised the new proposals, while Marine Le Pen’s far-right National Rally also opposes parts of the package.
经济部长罗兰·莱斯库尔周二试图驳斥那些对法国经济形势的悲观论断，坚称法国尚未陷入自我持续的债务危机。他承认政府借贷成本确实大幅上升，但坚决否定法国正陷入债务“滚雪球效应”的说法——即利息支出不断增加最终导致更多借贷，进而使财政压力愈发沉重。
Economy Minister Roland Lescure sought on Tuesday to push back against the more alarming assessments of France’s position, insisting the country had not yet entered a self-perpetuating debt crisis. He acknowledged that government borrowing costs had risen sharply but rejected the idea that France was trapped in a debt “snowball effect” – in which higher interest payments lead inexorably to more borrowing and still greater pressure.
莱斯库尔呼吁各反对党支持2027年预算案在议会获得通过，强调法国必须向投资者证明自己有能力扭转当前局面。
Lescure urged opposition parties to allow the 2027 budget through parliament, arguing that France needed to demonstrate to investors that it was capable of changing course.
由于经济不确定性持续加剧，法国再度下调经济增长预期。“解决问题的办法就在国内。”当前的政治动荡正日益体现在债券市场上：在近期全球债券抛售潮中，法国国债遭受的冲击尤为严重，投资者要求获得更高回报才愿意向一个支出长期大幅超出收入的政府提供资金。
France cuts growth forecast again as economic uncertainty weighs heavy 'The solution lies at home' This political uncertainty is increasingly being reflected in the bond market. French government bonds have been among those hardest hit by the recent global sell-off, with investors demanding higher returns to lend to a state whose spending continues to substantially exceed its revenues.
公共账目部长达维德·阿米埃尔本周警告称，鉴于近期利率持续飙升，议会绝不可再拖延预算审批进程。
Public Accounts Minister David Amiel warned this week that parliament could not afford to delay, pointing to the recent surge in interest rates.
总部位于布鲁塞尔的布吕格尔经济研究所指出，当前债券市场的压力其实是多年积累下来的经济问题所致。该机构分析认为，在法国政治体系最终愿意推行那些长期被搁置的改革措施之前，该国可能还会面临进一步的市场压力。
The Brussels-based Bruegel think tank has argued that the pressure now seen in bond markets reflects economic problems that have accumulated over years. Its analysts suggest France may face further market pressure before its political system becomes willing to accept reforms repeatedly postponed in the past.
法国寻求节省40亿欧元以应对中东战争带来的开支。欧洲中央银行（ECB）行长克里斯蒂娜·拉加德（Christine Lagarde）周三表示，法国应通过加强财政政策来解决自身的债务问题，从而削弱了有关欧洲央行会干预债券市场的猜测。
France seeks €4bn savings to cover cost of Middle East war European Central Bank (ECB) President Christine Lagarde, a former head of the IMF and former French economy minister, on Wednesday said that France should solve its own debt woes through fiscal policy consolidation – effectively playing down speculation about an ECB intervention in the bond market.
“某些国家受到影响的程度更为严重，法国就是其中一个例子，”她在国际货币基金组织（IMF）和世界银行会议期间接受CNN采访时说道。“对于这个问题，首要的解决方案必须来自法国自身，这与财政政策密切相关。”
“There are particular circumstances that lead to some countries being more affected, France being a case in point,” she told a CNN event on the sidelines of the IMF/World Bank meetings. “And for that one, the primary and first solution lies at home in France. And it has to do with fiscal policies.”
法国的挑战发生在整个欧元区面临困境的背景下：由于与伊朗战争相关的能源价格上涨，通货膨胀率持续上升，导致欧洲央行在过去四个月内两次加息；预计12月还将再次加息。
France's challenges come in a difficult context for the wider eurozone, with inflation pushed higher by rising energy prices linked to the Iran war, prompting the ECB to raise interest rates twice in the past four months.
尽管如此，拉加德在谈到经济增长前景时仍保持谨慎态度，她认为国际货币基金组织预测的欧元区今年经济增长率为1.1%“并不出色”，但“也算是一个不错的结果”。
Another increase is expected in December. Lagarde nevertheless struck a measured note on growth, describing the IMF’s forecast of 1.1 percent expansion in the eurozone this year as “not brilliant” but “not a bad outcome”.