"Moody's ratings agency issued a negative outlook for France's sovereign debt rating amid concerns about the nation's rapidly rising debt and deficit. The decision reflects heightened risks of political gridlock in France."
"With a ballooning debt and deficit, France has become one of the most financially troubled countries in Europe. The European Commission is threatening sanctions for breaching fiscal discipline rules."
"Moody's noted that the increasing risk of sustained wider-than-expected budget deficits could lead to a deterioration in debt affordability, warranting the change in outlook."
"Fitch Ratings also issued a negative outlook for France and warned that it could be revised lower if the government's budget didn't pass, indicating clashing political dynamics."
Collection
[
|
...
]