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Fitch confirms the "negative" outlook for France's rating

2022-11-04T21:54:16.575Z


The agency justifies, in a press release, its decision by “the evolution of energy prices as well as weakened macroeconomic prospects for Europe”.


The rating agency Fitch confirmed on Friday the

"negative"

outlook for France's rating, while the government had Parliament vote its 2023 budget for the State, through the use of article 49.3 of the Constitution.

Read alsoFitch downgrades UK rating outlook to 'negative'

The agency justifies, in a press release, its decision by

“the evolution of energy prices as well as a weakened macroeconomic outlook for Europe which reinforces the risks concerning the budgetary trajectory

”.

Source: lefigaro

All news articles on 2022-11-04

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