The French Government debt to GDP stands at 113% in the Eurozone’s second largest economy and the budget deficit is at an unsustainable 5.8%.  But any efforts to cut that debt mountain or curb entitlements have been met with violent and sustained protests on French streets.  So what can be done to avoid La Grande nation from going cap in hand to the IMF for a bailout?    Timothy Graf, Head of Macro Strategy for EMEA at State Street Market