3 causes to be shocked by the leniency of Moody's and Fitch | EUROtoday
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VS'is an sudden and really lenient verdict delivered on Friday night April 26 by the 2 American score companies Moody's and Fitch. After a protracted suspense, they lastly determined to depart their score assigned to France's debt unchanged, respectively Aa2 and AA -, furthermore with out even inserting them beneath a “negative” outlook however sustaining it “stable”.
We can think about that just a few bottles of champagne had been discreetly uncorked at Bercy to have fun the joyful occasion and have fun this divine shock.
The matter certainly gave the impression to be off to a foul begin given the spectacular slippage in deficits in 2023 (5.5%) and 2024 (5.1%), but additionally the inventive vagueness surrounding the measures envisaged by the federal government to attempt to scale back them. decreased…
https://www.lepoint.fr/editos-du-point/note-de-la-france-3-raisons-de-s-etonner-de-la-clemence-de-moody-s-et-fitch-27-04-2024-2558833_32.php