Moody’s has downgraded France’s outlook to negative from stable but kept its Aa3 rating, citing political fragmentation and fiscal risks from rising debt and borrowing costs.
The agency warned that instability may derail reforms such as the 2023 pension changes.
SPPE’s ratings were also affirmed, while France’s Aaa ceilings reflect eurozone institutional strength and minimal exit risk.
The agency warned that instability may derail reforms such as the 2023 pension changes.
SPPE’s ratings were also affirmed, while France’s Aaa ceilings reflect eurozone institutional strength and minimal exit risk.
