Fitch downgrades France's credit rating amid political turmoil
TL;DR Summary
Fitch downgraded France's credit rating to A+ due to political turmoil and rising debt, marking the lowest on record for the country, which faces challenges in passing a budget and stabilizing its debt, potentially leading to forced bond sales and increased borrowing costs.
- Fitch downgrades crisis-strained France Reuters
- France’s credit rating downgraded, with debt forecast to keep rising amid political turmoil The Guardian
- French debt downgrade piles pressure on Macron’s new prime minister Financial Times
- France’s Debt Rating Cut on Fears of Political Instability The New York Times
- France credit score downgraded to lowest on record amid political crisis France 24
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