Debt: France escapes the wrath of S&P but remains under surveillance

2023-12-02 14:42:53

Published on Dec 2 2023 at 3:40 p.m.Updated Dec 2 2023 at 3:42 p.m.

The date had long been marked on the government calendar. When one of the executive’s key figures was questioned regarding the threat weighing on the French debt rating, he replied before the announcement: “We did the maximum, we can say that we wet our shirts to be spared. »

Friday evening, members of the government and the majority had to take a deep breath when they learned that the American rating agency S&P Global – the most influential in the sector – maintained the AA rating for the French rating. But we will have to quickly catch our breath, because this decision is accompanied by comments showing the scale of the task to avoid the wrath next year.

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