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22 February 20204.06 The Moody's agency confirms France's AA2 rating, but considers the outlook to "stable" from "positive" downwards. The review reflects a more moderate improvement in public finances expectations. "The French government has implemented some measures to slow down the growth of spending", but these are initiatives that Moody's considers "insufficient" for a "sustainable and clear trajectory of falling public debt".Moody's: France outlook down
2020-02-22T21:27:16.313Z
4.06 The Moody's agency confirms France's AA2 rating, but considers the outlook to "stable" from "positive" downwards. The review reflects a more moderate improvement in public finances expectations. "The French government has implemented some measures to slow down the growth of spending", but these are initiatives that Moody's considers "insufficient" for a "sustainable and clear trajectory of falling public debt".
Source: rainews
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