This is a disaster for the French. Their only way out now is repudiation of debts by printing.
Can they even do that? are they a hybrid system or Euro only?
“From 1 January 1999, the value exchange rate of the French franc against the euro was set at a fixed parity of 1 EUR=6.55957 FRF. Euro coins and notes replaced the franc entirely between 1 January and 17 February 2002.”
— Wiki
They can’t print more unless they convince the EU to print more..
Watch as the exodus of productive people out of France begins.