French Capital Exodus Accelerates Amid Political Instability and Fiscal Fears
Political Turmoil Sparks Wealth Migration France’s affluent entrepreneurs and wealthy families are increasingly moving their assets abroad as political uncertainty…
Political Turmoil Sparks Wealth Migration France’s affluent entrepreneurs and wealthy families are increasingly moving their assets abroad as political uncertainty…
Standard & Poor’s has lowered France’s credit rating from AA- to A+ amid concerns about the country’s growing debt burden and political challenges. The downgrade comes as France grapples with parliamentary gridlock and suspended pension reforms that could impact its fiscal trajectory.
France’s sovereign credit rating has reportedly been downgraded by S&P Global Ratings from AA- to A+ with a stable outlook, according to reports released Friday. Analysts suggest the decision reflects growing concerns about the country’s ability to manage its government debt amid political instability and economic challenges.