Fitch estimates that the French government's deficit reduction objectives are " unambitious " and " increasingly out of reach". Fitch is due to publish its new rating for France on April 26.
More information is still to come. The agency had lowered France's sovereign rating from AA to AA in April 2023, however, considers that " any other negative rating action would depend on a further significant worsening of public debt, which we consider it improbable" The agency also believes that the objectives stated by the government are “increasingly out of reached”.