Rating agencies doubt France's target to cut massive debt

Rating agencies doubt France's target to cut massive debt

Malay Mail Online - Money·2024-04-27 15:01

PARIS, April 27 ― Two major ratings agencies left their assessment of France's huge debt pile unchanged yesterday, but cast doubt on the government's debt reduction target.

Moody's maintained France's sovereign rating at “Aa2” with a stable outlook. Fitch, which downgraded its rating for France last year, left it unchanged at “AA-” with a stable outlook.

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