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Fitch moves France’s credit outlook to negative, keeps A+ rating
Fitch cited weaker growth, higher borrowing costs and a wider deficit in its unscheduled decision.
TLDR
Bloomberg reports Fitch changed France’s outlook from stable to negative outside its regular review schedule while leaving its A+ rating intact. Fitch said the country’s finances had deteriorated since its August review and warned that political fragmentation and protests make sustained deficit reduction harder.
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