Fitch Ratings has downgraded France’s long-term foreign-currency issuer default rating to A+ from AA-.
The outlook is stable.
Fitch projects debt to rise to 121 per cent of GDP in 2027 from 113.2 per cent in 2024, without a clear horizon for debt stabilisation in subsequent years.
Rising public debt constrains the capacity to respond to new shocks without further deterioration of public finances.
The outlook is stable.
Fitch projects debt to rise to 121 per cent of GDP in 2027 from 113.2 per cent in 2024, without a clear horizon for debt stabilisation in subsequent years.
Rising public debt constrains the capacity to respond to new shocks without further deterioration of public finances.
