Why S&P Keeps France's Score at A+ Despite Falling GDP
5 Articles
5 Articles
The US agency S&P has decided to keep France's sovereign debt score at A+. However, the government deficit is 5.1% of GDP, much more than that of the other countries with the same rating.
The US agency keeps sovereign debt ratings unchanged, after its deterioration last autumn.
After the sharp deterioration last October, the US rating agency S&P maintained the note of the French sovereign debt at A+ on Friday evening, May 29.
In the face of rising fuel prices borne by taxpayers, the rating agency considered that the French government had exercised caution to limit the deterioration of its public accounts.
The American credit rating agency Standard & Poors (S&P) maintained on Friday 29 May the French debt rating, valued at A+, i.e., a "high average" debt with a stable outlook. A deterioration last autumn. The French debt rating was maintained at A+ on Friday 29 May by the American credit rating agency S&P. The agency did not publish any comments, leaving its rating as it stood. In a statement to the AFP, the Minister of Economy, Roland Lescure, in…
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