⚡️🇫🇷 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.

⚡️🇫🇷 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.

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…