Moody’s maintains France’s sovereign debt rating amid political crisis and social unrest
The rating agency trusts in the budget measures for 2027 with the aim of reducing the public deficit
France's sovereign debt rating has been maintained at Aa3 with a negative outlook by Moody's, despite concerns over the country's high debt and fragile politics. The decision was welcomed by French Prime Minister Sébastien Lecornu, who said it contradicted "pessimistic predictions" about France's debt. Moody's noted that while France has a "prosperous and diversified" economy, it faces significant challenges due to high public debt and instability.
The agency expects the French government's budget plan for 2027 to help reduce debt and alleviate social tensions.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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