Moody's keeps France at Aa3 with negative outlook
Briefing by News4U · First published
Moody's left France's Aa3 rating unchanged, giving the country breathing room amid rising bond yields and political deadlock.
Sina Finance reported that Moody's kept France's Aa3 sovereign rating unchanged with a negative outlook, sparing the euro-zone's second-largest economy an immediate downgrade. [1]
The agency cited slower growth, wider deficits and faster-than-expected bond-yield rises, while noting large-scale social protests could hinder fiscal consolidation. [1]
France's 2026 deficit is projected at 5.4 percent of GDP; Prime Minister Sébastien Lecornu has proposed spending cuts and tax increases to bring the gap to 5 percent next year. [1]
Sources
- 法国获得喘息之机 穆迪未下调其信用评级
Sina Finance · · Full text