France vows economic reforms to continue after debt downgrade
French Finance Minister Bruno Le Maire says his country is determined to restore its public finances. – EPA pic, April 29, 2023.
FRANCE will go ahead with structural reforms to overhaul its economy after credit ratings agency Fitch downgraded the country’s debt worthiness, Finance Minister Bruno Le Maire told AFP today. Fitch downgraded France’s debt worthiness a notch to “AA-” from “AA” yesterday, claiming the country’s “fiscal metrics are weaker than peers”.
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