French debt downgraded as Troika praises Portuguese reforms

paris-sunset

France has been stripped of its triple-A credit rating due to structural problems, a poor fiscal outlook and heightened uncertainty over the country's resilience to shocks. Meanwhile, Portugal  has been praised by the International Monetary Fund (IMF), European Commission (EC) and European Central Bank (ECB) for making "solid progress" with reforms.

Credit rating agency Moody's downgraded France's debt rating one notch to Aa1, with a negative outlook, citing three principal reasons for the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: