Rating Agencies Doubt France's Target to Cut Massive Debt
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#d044f1de ver:0.07
Rating agencies Moody's and Fitch doubt France's ability to cut its massive debt, as the country's public deficit widens and the government's target is missed. France's debt is currently 110.6% of GDP, the third-highest in the EU. The government aims to bring it below 3% by 2027, but both agencies are skeptical. Moody's predicts debt could reach almost 115% of GDP by then, while Fitch cites unspecified deficit narrowing measures. French Finance Minister Bruno Le Maire remains determined to restore public finances and meet the objective. #France #debt #ratingagencies...
#newstr #France #Debt #RatingAgencies #Deficit #Gdp
https://here.news/story/d044f1de?ver=0.07
France's Debt Reduction Target Questioned by Rating Agencies /
npub1x8…f7n56
2024-04-27 21:58:47
Author Public Key
npub1x86jqevgufm4nje7frt7zju6ymr78mcufhtddtvey6yv300mn2uq3f7n56Published at
2024-04-27 21:58:47Event JSON
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"content": "Rating Agencies Doubt France's Target to Cut Massive Debt\n===============\t\n#d044f1de ver:0.07\n\nRating agencies Moody's and Fitch doubt France's ability to cut its massive debt, as the country's public deficit widens and the government's target is missed. France's debt is currently 110.6% of GDP, the third-highest in the EU. The government aims to bring it below 3% by 2027, but both agencies are skeptical. Moody's predicts debt could reach almost 115% of GDP by then, while Fitch cites unspecified deficit narrowing measures. French Finance Minister Bruno Le Maire remains determined to restore public finances and meet the objective. #France #debt #ratingagencies...\n\n#newstr #France #Debt #RatingAgencies #Deficit #Gdp \n\n https://here.news/story/d044f1de?ver=0.07",
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