Finance – Rating: Fitch downgrades France’s credit rating down – Süddeutsche.de

Finance – Rating: Fitch downgrades France's credit rating down – Süddeutsche.de

London (dpa) – The rating agency Fitch downgraded the credit rating of France. The credit rating of the country was downgraded from “AA +” to “AA” Fitch said. The outlook is stable. The outlook for the state budget are hazy, there was a lack of reforms, a statement said. Fitch France had threatened mid-October with a downgrade. The debt-ridden euro state was recently invited by the euro group to save, to comply with the requirements of the Euro Stability Pact.

issued on 12.13.2014 at 00:42 clock