Fri, 08 Nov 2013 08:09:04 GMT
French rating lowered amid weak growth
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