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Fitch downgrades crisis-strained France
- Fitch Ratings has downgraded France's credit rating from AA- to A+ due to concerns over its financial management after the government collapsed.
- This downgrade indicates that France's debt repayment ability could become more vulnerable to adverse business or economic conditions.
- France's budget deficit has reached 5.8% of GDP, exceeding Eurozone limits, while accumulated debt is at 113% of GDP.
- Analysts suggest that other agencies may also downgrade France's rating, citing the government's fiscal challenges ahead.
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77 Articles
Fitch Downgrades France’s Credit Rating
France’s credit rating was downgraded this week by Fitch, a top global ratings agency, triggering political fallout. The downgrade—from “AA-” to “A+”—means investors now see France as a slightly riskier bet when lending money. Fitch said France’s debt is growing too fast and won’t stabilize until at least 2027 unless major changes are made. This makes it more expensive for France to borrow money, as investors will demand higher interest rates. T…
Fitch's decision to lower its rating has become a case, a few days after the fall of a very alarmist government on the subject
·Italy
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The rating agency Fitch has downgraded the creditworthiness of France.
·Germany
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Coverage Details
Total News Sources77
Leaning Left16Leaning Right17Center19Last UpdatedBias Distribution37% Center
Bias Distribution
- 37% of the sources are Center
37% Center
L 31%
C 37%
R 33%
Factuality
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