France Downgrade
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Moody's warns of fresh downgrade if French reforms stall
Credit ratings agency Moody's, which stripped France of its AAA rating, would downgrade its creditworthiness further if the Socialist government fails to implement announced reforms, its lead France analyst said on Tuesday.
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France downgrade hits stocks, euro at 17-month low
The dollar and U.S. Treasury prices rose as investors moved money into lower-risk assets.
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S&P cuts credit ratings for France, Italy, Spain
Standard & Poor's swept the debt-ridden European continent with punishing credit downgrades on Friday, stripping France of its coveted AAA status and dropping Italy even lower. Germany retained its top-notch rating, but Portugal's debt was consigned to junk.
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Moody's warns of fresh downgrade if French reforms stall
Credit ratings agency Moody's, which stripped France of its AAA rating, would downgrade its creditworthiness further if the Socialist government fails to implement announced reforms, its lead France analyst said on Tuesday.
-
France downgrade hits stocks, euro at 17-month low
The dollar and U.S. Treasury prices rose as investors moved money into lower-risk assets.
-
S&P cuts credit ratings for France, Italy, Spain
Standard & Poor's swept the debt-ridden European continent with punishing credit downgrades on Friday, stripping France of its coveted AAA status and dropping Italy even lower. Germany retained its top-notch rating, but Portugal's debt was consigned to junk.
