France has skirted the abyss of deficits, without rolling into it. No government has yet been overthrown under budgetary constraints.
This was not the case for Liz Truss, Her Majesty's Prime Minister in 2022, or Silvio Berlusconi in 2011. The departure of the Italian Prime Minister gives an idea of what could happen in France, even if the circumstances differ. The Greek debt crisis revealed the weakness of Eurozone countries. Delays and debates over the advisability of support have twice led to debt restructuring, in 2010 and 2011. This is a serious breach of trust between lender and borrower, on the part of a euro zone country and member of the OECD, considered safe.