According to the rating agency, the “budgetary performance” of the County Council of Val d’Oise is “correct lane well as weakening” . She puts this rating a negative outlook. According to the scenario of Fitch, the community’s gross savings rate “should permanently decline” . “This weakening financial profile is due to the continued decline in state grants, combined with the steady growth in welfare spending” , says the agency.
S. F.
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