US EditionFrance’s credit rating cut to negative outlook by Fitch on fiscal deficits
- Fitch revised France's outlook to "negative" from "stable" on Friday due to fiscal policy increases and political risks.
- Fitch expects broader fiscal deficits and rising government debt, reaching 118.5% of GDP by 2028, while maintaining France's "AA-" rating.
- France's public finances worsened this year with lower tax income and higher spending, putting its debt at risk of a ratings downgrade.
36 Articles
36 Articles
Fitch Puts Negative Outlook on France's Rating
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No sanctions for the moment. On Friday 11 October, the Fitch rating agency announced that it would not sanction France for managing its budget. France therefore keeps its “AA-” rating, which remains one of the best possible opinions equivalent to a 17/20, specifies BFMTV. However, the Fitch agency is warning France by placing its rating under a negative perspective. Fitch had given a previous rating last April and since then “the risks associate…
France’s credit rating cut to negative outlook by Fitch on fiscal deficits
Credit rating agency Fitch Ratings revised France’s outlook to “negative” from “stable” late Friday, citing increases in its fiscal deficit and political risks, a day after a new government announced its 2025 budget.
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