Sopa Images | Lightrocket | Getty ImagesFrance's brewing political crisis is spilling into financial markets with the country's borrowing costs hitting the same level as debt-ridden Greece's for the first time on record Thursday. The spread — the difference in yield between two bonds — between French 10-year government bond yields and their Greek counterparts was reduced to zero earlier Thursday. The yield on the French 10-year stood at 3.0010% while the same Greek bond stood at 3.030%. French officials looked to defend the economy on Thursday, but acknowledged that bond investors viewing French debt as risky as Greece's was a worrying development. Economy Minister Antoine Armand said Thursday that the French economy could not be compared with Greece's, however.

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Persons: Storm Caetano, Michel Barnier, Barnier, Emmanuel Macron, Antoine Armand, Greece's, Armand, Jason Da Silva, CNBC's, Marine, George Pachantouris Organizations: Chatelet, Getty, Investors, Economy, BFM, Google, Global Investment, Arbuthnot, Rabobank Locations: Chatelet Les Halles, Paris, Greece, France, Europe