France Credit Rating Cut to Aa2 by Moody's on Growth Outlook - Bloomberg

France’s credit rating was cut by Moody’s Investors Service, which said slow economic expansion and political constraints will hamper the country’s ability to reduce its debt burden.

The nation’s credit grade was lowered one step to Aa2, the third highest investment-grade level, Moody’s said in a statement Friday. The country’s outlook was changed to stable from negative, according to the company.

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