By Stephen Nakrosis
Fitch Ratings said Friday it downgraded France’s Long-Term Foreign-Currency Issuer Default Rating to ‘AA-‘ from ‘AA’, with a stable outlook.
Fitch said it was expecting France to show a fiscal deficit of 5% of GDP this year, up from 4.7% last year, due to a number of factors, including weaker economic growth and higher…
Read the full article here