2024-03-31 03:14:26
While two of the three major financial rating agencies, Fitch and Moody’s, are preparing to comment (on April 26) on France’s economic situation, leaving the government fearing a drop in its rating and therefore an increase in credit rates. lending interest, the City of Paris inherited this Friday March 29 “the best possible rating for a local authority”, welcomes the municipality. “Thus confirming the rigorous management of Paris. »
In its conclusions, the specialized agency Moody’s gives the City of Lights a high quality rating of “AA2” with a “stable outlook” over the long term. The independent agency underlines in particular “the very solid governance and management of the City” and indicates that “the debt of the City of Paris will remain sustainable and its interest charge very affordable”, reports the Parisian town hall.
#Finances #City #Paris #rigorous #management #stable #outlook #Moodys