French rating lowered amid weak growth

Note: This section contains information in English only.
Source: Reuters
The main rating agency, Standard&Poor's, decreased the sovereign credit rating of France from AA+ level to AA, changing the outlook of the rating from negative to stable. It is the second consecutive decrease of country's rating during the last two years. Rating agency says that such a decision was made, based on low growth forecasts that can put additional pressure on the budget of France.
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Fri, 08 Nov 2013 08:48:04 GMT

French industrial output unexpectedly declines in September instead of growing as expected

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