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S&P Global downgrades France’s credit rating to “A+”, citing political instability

Teodora Helerman
By Teodora Helerman
S&P Global downgrades France’s credit rating to “A+”, citing political instability
S&P Global downgrades France’s credit rating to “A+”, citing political instability

A surprise move that shakes confidence in Europe’s second-largest economy
S&P Global has downgraded France’s sovereign credit rating from “AA-/A-1+” to “A+/A-1,” in a rare unscheduled update. The agency cited political instability as a key risk undermining the government’s fiscal repair efforts, Agerpres reports.

Read full article here: turnovernews.com

Read also: UniCredit Earns Second “A” Rating This Year as S&P Upgrades Issuer to A, Above Italy’s Sovereign Rating

Photo: Bloomberg

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Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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