Will France be the next European domino to fall?

France's economy is looking increasingly troubled and it could be the next eurozone domino to fall, investors at Legal & General Investments and Carmignac Gestion have warned.

While Spain's financial creditworthiness has grabbed the headlines in the past few months, attention is slowly turning towards France as bleak economic data continues to roll out of one of Europe's largest and most important economies. Standard & Poor's has already stripped France of its AAA credit rating in January, pointing to "systemtic stresses" in the eurozone. The country remains AAA-rated by both Moody's and Fitch, though with a negative outlook in both cases. Now both L&G Investments and Carmignac are warning investors they may have underestimated the severe weakness in France...