Standard & Poor’s maintains the rating of France – Le Figaro

Citing a “confirmation of the economic recovery and an improvement in the fiscal path,” the US rating agency, however, continues to consider a reduction of the AA.

The US rating agency Standard & amp; Poor’s maintained Friday the long-term debt rating of AA from France while continuing to consider the fall. “The rating of France remains to AA because we believe there is a confirmation of the economic recovery and an improvement in the fiscal path,” said Marie-France Raynaud, senior analyst of Standard & amp; Poor’s for France.

The agency launched on October 10 a warning to France by suggesting that its long-term credit rating could fall if it does not undertake vigorous reforms. If the agency had then chosen to maintain the rating to AA, the third best, she had changed the outlook which is attached, increasing it to “negative” against “stable”.

” The negative outlook means that we could lower the long-term rating this year or next year if France deviates from the fiscal path we currently anticipate, “reiterated S & amp; P in a statement. Marie-France Raynaud justified maintaining the AA rating by three reasons. The first: “. A more favorable economic environment with the sharp depreciation of the euro, the sharp fall in oil and low interest rates”

“We expect a real startup investment Private from 2016, “she says. Finally, “the budget, the economic environment supports the improvement of the trajectory” of reducing the public deficit.