Economy and TradingGovernment

France Faces Credit Downgrade Amid Political Uncertainty and Rising Debt Concerns

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.

Credit Rating Adjustment

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.