By Leigh Thomas and Yoruk Bahceli
PARIS/LONDON (Reuters) -The collapse of France’s latest government leaves the euro zone’s second-biggest economy lurching deeper into a morass of feeble growth, high borrowing costs and a debt burden becoming one of Europe’s heftiest.
Lawmakers’ rejection of Prime Minister Francois Bayrou’s government in a no-confidence vote on Monday crushed any hope of making serious headway next year on France’s budget deficit – the biggest in the euro zone.
Opposition parties toppled the veteran centrist over his plans for a 44 billion euro ($52 billion) budget squeeze that will now inevitably be heavily watered down by whomever President Emmanuel Macron taps as his successor.
“There is no upside scenario, there is no way out, there is no credible scenario where yo