The risks of a new crisis in the single currency area, similar to the collapse that occurred more than a decade ago, are growing. But conditions may not yet be ripe to trigger it, according to Reuters. The main fear at the moment is that France, where the far-right National Rally party is winning the first round of early parliamentary elections, could enter a period of extreme political instability and financial waste. This could lead to a sharp rise in French government bond yields. Other heavily indebted eurozone countries, especially Italy, could suffer from contagion. The single currency w…