The Limited Times

Now you can see non-English news...

Debt: Fitch maintains both France's "AA-" rating and a stable outlook

2023-10-27T21:27:45.094Z

Highlights: Fitch has maintained France's debt rating at AA-, six months after downgrading it. The rating agency deplores the "high level of debt, which is a weak point in its rating" France can boast of having "a large, rich and diversified economy, strong and effective institutions and macro-financial stability (...) Its public finances, and in particular its high level ofdebt, are a strong point," the agency noted. The outlook is considered stable, according to a statement on Friday.


The rating agency deplores the "high level of debt, which is a weak point in its rating".


Rating agency Fitch has maintained France's debt rating at AA-, six months after downgrading it, as well as the outlook, which is considered stable, according to a statement on Friday.

To discover

  • Download the Le Figaro app: the news at the heart of your day

Read alsoIn ten years, rating agencies have lost influence

While France can boast of having "a large, rich and diversified economy, strong and effective institutions and macro-financial stability (...) Its public finances, and in particular its high level of debt, are a weak point in its rating," the agency noted.

Source: lefigaro

All news articles on 2023-10-27

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.