<ul><li>It is the end of a certain „carefreeness“ in the world</li><li>We are going through a rather „big shift, a big change“</li><li>“Freedom has a cost“ (referring to the Russia-Ukraine conflict)</li></ul><p style=““ class=“text-align-justify“>The warning delivered is to ministers but in general, he is cautioning that France needs effort and sacrifice to get through the current tough times – especially with a rather harsh winter approaching. As much as the foreshadowing has been well telegraphed, it still feels like Europe as a continent is not too prepared for the months ahead. And that will be a major worry for the euro and the ECB.</p>

This article was written by Justin Low at www.forexlive.com.