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Moody's downgrades France's credit rating, citing political turmoil and weak public finances.
Moody's downgraded France's credit rating to Aa3, citing political fragmentation and its impact on public finances.
The stable outlook indicates no immediate change in France's creditworthiness, but Moody's expects weaker finances over the next three years, with low chances of the government reducing fiscal deficits.
This comes amid political turmoil following the appointment of Prime Minister Francois Bayrou.
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Moody's rebaja la calificación crediticia de Francia, citando agitación política y finanzas públicas débiles.