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法国是向本国民众负责,还是向债券市场负责?Does France Answer to Its Citizens or the Bond Market?

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2026年10月17日星期六,示威者在法国巴黎共和国广场挥舞法国国旗。法国周六迎来全国性抗议日,其中包括受“黄背心”运动启发的示威活动。“黄背心”是一场有时颇为激进的草根运动,于2018年兴起,旨在对抗不断上涨的生活成本。Demonstrators wave French flags on Place de la Republique in Paris, France, on Saturday, Oct. 17, 2026. France faces a day of nationwide protests Saturday, including demonstrations inspired by the Yellow Vests, a sometimes radical grassroots movement that emerged in 2018 to fight rising living costs

法国正陷入两股强大力量之间:要求政府保护公共服务和社会福利的抗议者,以及无法接受法国赤字进一步扩大的债券市场。

France is caught between two powerful forces: protesters demanding that the government protect public services and social benefits and a bond market that can’t stomach the idea of France’s deficit getting any larger.

重大议题:当法国选民与债券市场发生碰撞(播客)Big Take: When French Voters and Bond Markets Collide (Podcast)

但围绕法国预算的争夺也重新点燃了欧元区核心的长期争论:当一个国家与邻国共享一种货币时,它对自身经济未来究竟拥有多少控制权?

But the fight over France’s budget is also reviving a longstanding debate at the heart of the euro zone: How much control does a country really have over its economic future when it shares a currency with its neighbors?

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本期节目由朱莉娅·普雷斯和娜奥米·沙文制作;编辑:特蕾西·萨缪尔森;音响设计师/工程师:埃玛·芒格。

We have a special Bloomberg subscription offer for podcast listeners at This episode was produced by: Julia Press and Naomi Shavin; Editor: Tracey Samuelson; Sound Designer/Engineer: Emma Munger.

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