Is France really facing a financial crisis?

Ardent readers of the New York Times might be forgiven for worrying about the state of France’s economy today. After all, headlines on the front page this morning describe France as headed toward &ldquo; another government collapse &rdquo; with &ldquo; financial woes […] pushing its government to the brink .&rdquo; Borrowing costs are up, they note, Prime Minister François Bayrou will soon be left…