Moody's Maintains France's Credit Rating Amid Budget Deterioration
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Credit rating agency Moody's has maintained France's economic rating at Aa3 with a negative outlook, despite the country's budget deterioration. This decision comes amidst political and social instability, with the agency assuming that a budget for 2027 will be approved that reduces the deficit and decreases financing costs and social tensions. Moody's warned that a significant and sustained fiscal effort will be necessary to stabilize France's debt, which is projected to exceed 120% of GDP in 2027.
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Économie. Dette publique : pourquoi l'agence Moody's devrait dégrader...
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