France's Debt Alarm Gets Louder: Fitch Cuts Outlook To Negative In Surprise Warning

Summary

France's Debt Alarm Gets Louder: Fitch Cuts Outlook To Negative In Surprise Warning One week after Moody's maintained France's Aa3 sovereign credit rating with a negative outlook, Fitch Ratings revised its outlook to negative in what Bloomberg described as an " unscheduled move ," citing softer economic growth, rising borrowing costs, a widening budget deficit, political fragmentation, and a challenging social backdrop. " The Negative Outlook reflects a deterioration since our August 2026 review comprising weaker growth, higher borrowing costs and a wider deficit. Taken together, these worsen…

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