Economy: “There was no reason to downgrade France, its debt remains of very high quality”

2024-04-27 12:57:29

The rating agencies Fitch and Moody’s ultimately did not change their ratings on the state of French debt, which has nevertheless worsened in recent months. Today, France is the third most indebted country in the euro zone, with a debt that represents 110% of its GDP. Interview with Éric Heyer, director of the analysis and forecasting department of the French Observatory of Economic Conditions (OFCE).

The American financial rating agency Fitch. (Illustrative image) © AP – Henny Ray Abrams

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