Fitch downgrades France's sovereign credit rating due to a dual fiscal and political crisis
2025-09-13 00:01:44
On September 13, against the backdrop of the dual political and fiscal crisis, the US rating agency Fitch announced on September 12 local time that it would downgrade France's sovereign credit rating, from AA- (high quality) to A + (medium and upper quality). According to Fitch's assessment, France lacks a credible fiscal consolidation plan supported by the majority, which is the main reason for this rating downgrade.
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