ECB rate decision looms as France's bond market crisis deepens and bailout speculation grows

France's credit default swap spread has crossed the 100-basis-point threshold for the first time since the 2012 eurozone debt crisis. ECB President Christine Lagarde insists the fix for France's debts lies at home. Lawmakers have no majority for a budget carrying €43 billion of cuts and revenue measures. Moody's was due to rule on France's Aa3 rating on Friday evening, with a downgrade widely expected.

Paris police chief Patrice Faure has told business owners to hire private security.