Group 1 - Concerns over France's ability to control budget deficits are rising, potentially diminishing investor interest in the euro [1][3] - The euro fell to a one-month low against the dollar, influenced by a radical deficit reduction plan proposed by the French minority government [1][3] - The political and fiscal challenges facing France are seen as a "ticking time bomb" affecting EU market sentiment [1] Group 2 - The proposed €43.8 billion (approximately $50.9 billion) deficit reduction plan could lead to the government's collapse due to a lack of parliamentary majority [3] - The euro is hovering around 1.16 against the dollar, with potential to drop to 1.15 if U.S. economic data weakens expectations for Federal Reserve rate cuts [3] - French OAT bond yields are currently the highest in the eurozone, reflecting ongoing political risks and a persistent risk premium [3]