Amova Asset Management has been snapping up French government bonds, betting the country is “too big to fail” even as ratings companies slash its credit score.

In absolute terms, France now holds the highest consolidated national debt in Europe, currently at around €3.4 trillion, according to the country’s National Institute of Statistics and Economic Studies. Its debt-to-GDP ratio – 113% – is surpassed in the EU only by Greece and Italy, which were at the heart of the European debt crisis a decade ago.

Eighty-six French senators have signed a public appeal denouncing the alarming rise of anti-Christian acts in France.

President of France Emmanuel Macron announced his intentions to enshrine abortion rights in the country's constitution. Macron spoke Wednesday before the Constitutional Council, where he laid out his desires for adjustments to the nation's governing document.

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An Iranian court sentenced two French citizens to a combined 63 years in prison on espionage and national security charges, the country's judiciary said Tuesday, likely further straining relations between Tehran and Paris.