Reported about 15 hours ago
S&P Global Ratings has issued a negative outlook on France’s creditworthiness due to rising government debt and a lack of political consensus on addressing significant budget deficits. Despite retaining an AA- rating, the authority foresees GDP growth falling below 1%, which raises further fiscal concerns. As France's government navigates a contentious political landscape following recent budget approvals, uncertainties surrounding its public finances persist.
Source: YAHOO