In response to the downgrade, Finance Minister Roland Lescure said the government 'reaffirms its determination to meet the deficit target of 5.4% of GDP for 2025.'

French sovereign downgrade is the third in recent weeks and heaps pressure on Sébastien Lecornu’s budget plans

In response to the downgrade, Finance Minister Roland Lescure said the government 'reaffirms its determination to meet the deficit target of 5.4% of GDP for 2025.'

Die größte Ratingagentur S&P zeigt sich wenig zuversichtlich, dass Frankreich seine Neuverschuldung eindämmen kann. Für die ohnehin latent sturzgefährdete Minderheitsregierung ist…

The American financial analysis firm downgraded the country's sovereign rating from AA− to A+ on Friday, taking markets by surprise by doing so outside its previously announced…