STAY CONNECTED WITH US

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.

Read Full Story

Copyright ©2024 BOOMSbeat., All rights reserved.
Share Connect Tweet 0 Comment Email

SHARE YOUR THOUGHTS

Real Time Analytics