France downgraded by ratings agency S&P
James TitcombStandard & Poor's has downgraded France's credit rating for the second time in less than two years, citing risks over the country's economy and government finances.
The ratings agency cut its debt grade from AA+ to AA, the third tier of debt quality. It said its new outlook for the grade was stable, against a previous negative watch for the AA+ rating.
The French finance minister Pierre Moscovici said in a statement on Friday that he regretted S&P's "criticical and inexact" decision and that France's debt remains among the safest in the eurozone.
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"France downgraded by ratings agency S&P", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), août 2013. Consulté le 29/11/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/france-downgraded-by-ratings-agency-s-p