The Local France

Moody's keeps France on negative outlook

Sat, 20 Sep 2014 12:35:00 +0200

Moody's maintained its negative rating on France on Friday but -- despite earlier reports -- did not deal the struggling economy a downgrade.

French efforts to cut debt are not enough: Moody's

Tue, 05 Aug 2014 10:49:00 +0200

Credit ratings agency Moody's said this week that France's efforts to tackle its high deficit will likely fall short of targets set for this year and next.

French bonds hit record low despite downgrades

Thu, 03 Jan 2013 17:25:00 +0100

France borrowed about €8 billion ($10.6 billion) at record low rates on Thursday, the country's debt agency said, in its first long term bond auction of 2013 in a sign that investors are still looking past a fragile French economy and recent downgrades by credit agencies.

Moody's strips France of AAA rating

Tue, 20 Nov 2012 10:19:24 +0100

The international ratings agency Moody's cut France's top bond credit rating by one notch to "Aa1" Monday and maintained a negative outlook, meaning that another downgrade was possible in the medium term.

Moody's affirms France top rating

Fri, 25 May 2012 08:03:00 +0200

International ratings agency Moody's affirmed its top AAA rating for France on Thursday but said it would watch closely the policies of new President Francois Hollande who favours growth above austerity.

Sarkozy plays down effect of AAA loss

Mon, 12 Dec 2011 16:25:00 +0100

President Nicolas Sarkozy appeared on Monday to accept that France is facing a downgrade of its triple-A credit rating, when he declared that he would overcome this challenge to his policy.

France, Germany demand pact as S&P talks tough

Tue, 06 Dec 2011 10:13:00 +0100

France and Germany called on Monday for Europe's leaders to agree strict rules for fiscal discipline at their summit this week, as Standard and Poor's threatened the region with sweeping ratings downgrades.

France's top credit rating at risk: Moody's

Mon, 21 Nov 2011 16:09:00 +0100

An increase in French government borrowing costs, slowing growth and the eurozone debt crisis threatens the country's top credit rating, Moody's ratings agency warned on Monday, adding to market jitters.

Moody's warns France on 'negative outlook'

Tue, 18 Oct 2011 11:19:00 +0200

France's Finance Minister Francois Baroin said Tuesday that the government would do everything in its power to maintain its triple-A rating after Moody's warned it may place the country on negative outlook.

AAA: could France be next to lose top rating?

Tue, 09 Aug 2011 11:46:14 +0200

After the US lost its AAA-rating last week, there is mounting speculation over whether France is vulnerable to the same fate.