News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

The danger of a French ‘no' vote

Rejection of the European constitution could create havoc in the currency and bond markets

The financial markets have remained remarkably blasé about the possibility that the French will reject the European constitution in their referendum in two weeks' time.

The prevailing, albeit cynical, view seems to be that even if the French reject the constitution – and the poll is too close to call – they will simply be ignored and asked to vote again and again until they deliver the result the establishment wants.

WSJ Logo