Home » Business » They lowered the rating of France – View Info –

They lowered the rating of France – View Info –

/ world today news/ The international rating agency Moody’s lowered the rating of France’s government bonds by one point – from “AAA” to “Aa1” with a “negative” outlook. This was reported by world media, referring to a special press release of the company. Three main factors are cited as reasons for the decline.

The first is related to the negative forecast for the growth of the French economy, mainly due to structural problems and reduced flexibility in the labor and service sectors.

The second is the uncertain financial prospects in the short and medium term. And thirdly, the general problems of the Eurozone are indicated, which also reflect on the French economy.

#lowered #rating #France #View #Info

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.