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Published 10 months ago

Le Maire hails ‘positive signal’ after S&P preserves France’s credit rating

Summary by Ground News
French Economy Minister Bruno Le Maire: "It's a positive signal" S&P on Friday maintained France's credit rating at AA, but said the outlook remained "negative" In April, Fitch Ratings downgraded France's rating from AA to AA-. "Social and political pressures illustrated by the pension reform will complicate fiscal consolidation," Fitch argued.

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