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French debt rating threat

This article is over 10 years, 2 months old
France’s rulers have a new headache on top of their economic woes. Agencies are threatening to lower the country’s "triple A" rating.
Issue 2278

France’s rulers have a new headache on top of their economic woes. Agencies are threatening to lower the country’s “triple A” rating.

This would drive up borrowing costs for the government. One factor fuelling the crisis is that France has agreed to fund the eurozone’s 440 billion euro rescue fund—but also has a high budget deficit itself.

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