France credit downgrade: Fitch cuts rating to A+ from AA- in a record low
Fitch has downgraded France’s credit rating to A+ due to concerns over rising public debt, projecting it to reach 121% of GDP by 2027. This action follows a failed confidence vote and political fragmentation, hindering fiscal consolidation efforts.🕒 1 min read
Fitch has downgraded France’s credit rating to A+ due to concerns over rising public debt, projecting it to reach 121% of GDP by 2027. This action follows a failed confidence vote and political fragmentation, hindering fiscal consolidation efforts.
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