S&P ratifies France at AA+; keeps negative outlook

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FXstreet.com (San Francisco) - Standard and Poors's rating has confirmed the France's rating at AA+ on Friday According to a press release published recently. S&P downgraded France from AAA to the current AA+ in January.

S&P believes that "the French government is determined to implement budgetary and structural reforms, following up on measures already announced to reinforce the growth potential of the economy," says the agency.

Moody's Investors cut France from AAA rating this week.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Forex and Currencies

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