France’s Financial Morass Produces a Harsh Critique From Moody’s

The financial ratings agency, citing a “fiscal deterioration” with rising borrowing and a political logjam, downgraded its outlook for French debt. Economic Conditions and Trends, Credit Ratings and Credit Rating Agencies, Moody’s Investors Service Inc, European Union, European Commission, Barnier, Michel, Macron, Emmanuel (1977- ), France, Politics and Government, Taxation The financial ratings agency, citing a “fiscal deterioration” with rising borrowing and a political logjam, downgraded its outlook for French debt. NYT > Business

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