Ratings agency Standard & Poor s downgraded France s credit score on Friday citing a deterioration in the country s budgetary position, a blow to Emmanuel Macron s government days before EU parliamentary elections.
Finance Minister Bruno Le Maire said the downgrade was the price to pay for bolstering the economy with public support during the pandemic and the inflation crisis.
S&P cuts France s credit rating on deficit overshoot euractiv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euractiv.com Daily Mail and Mail on Sunday newspapers.
Ratings agency S&P downgrades French credit score from AA to AA- france24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from france24.com Daily Mail and Mail on Sunday newspapers.