Moody's keeps France on negative outlook


(MENAFN- AFP) Moody's maintained its negative rating on France Friday but despite earlier reports did not deal the struggling economy a downgrade.

Moody's kept its Aa1 overall rating for the country's debt, but warned of significant risks in the government's efforts at restructuring to deal with its heavy fiscal challenges.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.