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France’s Public Debt: Standard & Poor’s Maintains Its Note – The Observatorial

  • Standard & Poor's maintains France's sovereign credit rating at AA- with a negative outlook as of 2025, refusing to downgrade it to A+.
  • This decision follows a deteriorating economic situation and slower growth forecasted between 0.5% and 0.6% for 2025, down from 1.1% last year.
  • France benefits from a diverse economy, solid banking sector, and investor confidence, supported by high savings rates and the European Central Bank’s implicit backing.
  • Economic expert Éric Dor highlights that despite the fragile state of France's public finances, lenders keep providing funds, though this trust could be quickly undermined.
  • Without political consensus to address fiscal challenges, France risks sharply rising debt costs despite its current solvency and investor confidence.
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Le Figaro broke the news in Paris, France on Thursday, May 29, 2025.
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