Debt, deficit… The French economy under threat from the Standard & Poor’s rating agency

by time news

2023-06-02 20:35:53

Student France anxiously awaits her exam results. After the downgrading of its rating in recent weeks by several rating agencies – including the American Fitch at the end of April – which assess the state of health of the country’s economy, a new sentence is expected this Friday evening. It should, this time, come from S&P Global (ex-Standard & Poor’s) which has scrutinized the tricolor economy and could decide to downgrade the tricolor rating from AA to AA-… unless it abstains from any publication, now de facto the French note.

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