Mélenchon advisers seek to moderate debt write-off stance

Economic advisers to French far-left presidential candidate Jean-Luc Mélenchon are working to temper his proposal to write off part of France's sovereign debt, aiming to soften market concerns. The candidate's rhetoric remains a key risk factor for French bond spreads, though the advisers' efforts signal an attempt to present a more credible fiscal platform. The outcome is uncertain as internal tensions between radical and pragmatic factions persist.