Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out? E ight years have passed since rising fuel prices brought the gilets jaunes (yellow vest) demonstrators to the streets of France, prompting the first big crisis of Emmanuel Macron’s time in the Élysée Palace. As the French president contemplates his exit next year, turmoil has again gripped the streets in the form of student protests , but this time the financial markets are unhappy too. Investors are concerned about the government’s failure to bring spending under control and end a long period of “fiscal incontinence”.
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