French debt : "The only signal given by Moody's is that the moment is too inflammable to crack a match"
The American agency maintained France's rating at Aa3 on Friday, despite the country's inability to improve its budgetary trajectory. Since the Greek crisis of 2010, when they were accused of playing with fire, the agencies prefer to take their time, analyzes Isabelle Chaperon, columnist in the Economy section of "Le Monde".
We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.
