HomeNEWSS&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

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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