(CercleFinance.com) – Standard & amp; Poor’s confirmed Friday the notes ‘AA’ long-term and ‘A-1 +’ short-term in France, while maintaining perspective ‘negative’
According to S & amp;. P, the strength of institutions and of the French economy continues to support the state’s credit quality and the government probably will stay the course of gradual economic reforms and ‘significant’ and its fiscal path.
The rating agency said still retain perspective ‘negative’ face what it considers a risk of performance for fiscal and structural reforms
S & amp;. P is concerned that the government commitment to deepen the reform process weakens as the modest cyclical economic recovery is strengthening and that the presidential elections approach.
The outlook negative ‘means that the possibility of lowering the long-term rating this year or next year is at least one of three
S & amp;. P points out that it would likely lower its rating if the budget deficit did not decrease as expected
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