France debt rating
France debt rating
Published: 11:29 am Sep 20, 2015
WASHINGTON: Moody’s cut France’s sovereign debt rating one notch to Aa2 on Friday, saying the country will struggle with slow growth and a high debt burden for the next five years. “The current economic recovery in France has already proven to be significantly slower — and Moody’s believes that it will remain so — compared with the recoveries observed over the past few decades,” Moody’s said.