| Author (Corporate) | France24 |
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| Series Title | France24 |
| Series Details | 08.11.13 |
| Publication Date | 08/11/2013 |
| Content Type | News |
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The credit rating agency Standard & Poor’s downgraded France’s credit rating by one notch to AA on the 8 November 2013. S&P said it was cutting the rating from the previous AA+ because government reforms would not raise medium term prospects and because lower economic growth was constraining the government's ability to consolidate public finances. This move was seen as a blow to French President François Hollande’s socialist-led government as it tried to turn the economy around. |
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| Source Link | http://www.france24.com/en/20131108-standard-poors-downgrade-france-credit-rating |
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| Countries / Regions | France |
