Despite the reduction "Vic" Its credit rating for France .. Lombard confirms the strength of the economy
The French Minister of Economy and Finance in the resigned government, Eric Lombard, said that he taught the decision of the American Fitch to reduce the credit rating of France to & quot; E +& quot; (A+), against the background of the continuous political turmoil and the uncertainty surrounding the budget & nbsp; stressing at the same time & ldquo; durability & rdquo; French economy.
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On Friday, Fitch reduced the credit rating of France to a positive (A+) with a stable future outlook, against the background of the continuous political strike in the country, and the lack of certainty surrounding its budget that hinders the reduction in the deficit deficit.
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The American credit rating agency considered that the government’s fall in a vote on confidence shows the growing disintegration and polarization of domestic politics & rdquo;
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She added that this instability weakens the ability of the political system to accomplish a large financial austerity & rdquo; considering that it is unlikely to reduce the general deficit below 3 percent of GDP by the year 2029, a goal that the previous government was determined.
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The lower & ldquo; France’s credit rating, days after the fall of the Francois Bayro government and the appointment of Sebastian Lukorno as a new prime minister, is the third in one year.
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