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Fitch Downgrades France's Outlook from Stable to Negative

Fitch Downgrades France's Outlook from Stable to Negative
Qiyas summary

Fitch downgrades France's outlook from stable to negative due to weak growth and budget deficit.

Translated by Qiyas from الجريدة — Original source

Fitch Ratings downgraded France’s outlook from stable to negative on Friday, citing weak growth, rising borrowing costs, and a widening budget deficit. The agency warned that political divisions could hinder the process of sustainable fiscal reform.

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