Moody’s Remains Skeptical of Hollande’s Economic Policies

Credit rating giant Moody’s has decided to maintain France’s credit rating as Aa1 or AA+, the second highest rating on its credit scale. The stability of the credit rating came after France’s economic policies underwent their first major test of the year in the markets on January 24. Moody’s outlook, however, is tinged with a […]

Downgrade Sparks Criticism from Government and Rating Agency

On November 8, for the second time in less than two years, Standard & Poor’s downgraded France’s sovereign debt rating to “AA with a stable outlook,” according to the agency’s report. France’s rating was last downgraded in January of 2012 from AAA to AA+, when Nicolas Sarkozy was still leading the country. The rating agency’s […]

Gloomy News for Euro Funds as France Suffers New Downgrade

Following a downgrade by credit rating agency Standard & Poor’s earlier this year, on November 19 Moody’s Investors Service stripped France of its AAA bond rating in a blow to the western European nation and its neighbors.  The move comes as Moody’s underscores its “negative outlook” on the economies of Germany, the Netherlands, and Austria […]