Moody's cuts France rating amid political turmoil and waning finances
Ratings agency Moody's downgraded France's credit rating from 'Aa2' to 'Aa3', a shift that reflects growing concerns over the country’s economic outlook amidst political instability. The rebuke just came hours after President Emmanuel Macron appointed François Bayrou as the new prime minister, marking the fourth change in leadership this year.
Moody’s Downgrades France’s Debt Amid Political Turmoil
France’s debt was downgraded from Aa2 to Aa3, which means there’s a slightly higher probability that the country could default on debt payments, Moody’s said in a note.
Moody's hands France surprise downgrade over deteriorating finances
Credit ratings agency Moody's unexpectedly downgraded France's rating on Friday, adding pressure on the country's new prime minister to corral divided lawmakers into backing his efforts to rein in the strained public finances.
Moody's Downgrade Dings French Bonds
The spread between French and German benchmark bond yields widened, signaling investor unease about France's public finances. France has endured a monthslong political crisis, driving up the premium investors demand for holding French bonds.
French Bonds Drop After Moody’s Downgrades on Budget Concerns
French bonds fell after Moody’s Ratings cut the country’s credit rating, putting more pressure on officials after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute.
French Bonds, Stocks Slip After Moody’s Downgrades Credit Rating
French bonds and stocks lagged peers after Moody’s Ratings cut the country’s credit rating, putting more pressure on officials after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute.
French Bond Yields Rise After Moody’s Ratings Downgrades France
French government bond yields rose after Moody’s Ratings downgraded France’s credit rating to Aa3 from Aa2 and changed the outlook to negative.
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French Credit Rating Cut on Crisis That Imperils Finances
France’s credit rating was downgraded Moody’s Ratings after far-right leader Marine Le Pen toppled the country’s government ...
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Moody’s Upgrades SASD to Aa1 Credit Rating
Borrowing for those projects, some $114 million, was approved by referendum in November. The Aa1 rating should mean lower tax impact than initially projected for residents living within the SASD.
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Amada Co., Ltd. (AA2.MU)
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