⚡️🇫🇷 NEW - The American agency Fitch downgrades France's rating (from AA- to A+), pointing to weakened public finances: high debt, around 114% of GDP, structural deficit, absence of a stable majority to carry out reforms.

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Wow, almost as bad as the US...

That's bad...

Fitch rating ⤵︎

2013: AAA ➡️AA+

2015 : AA+ ➡️ AA

2023: AA ➡️ AA-

2025: AA- ➡️ A+

A fine lesson in economics. France now has the same rating as Estonia…

The main take away is don't trust rating agencies. France is worst than AA-