France Under Watch: Fitch Revises Outlook to Negative
Published
The credit rating agency Fitch has decided to lower France's outlook from stable to negative. However, France's rating has been maintained. This decision reflects the agency's concerns about the country's budgetary situation and political instability.
According to Fitch, French public debt is expected to reach 124% of gross domestic product (GDP) by 2028. In 2025, it stood at 115.7% of GDP. This projected increase shows that the country's public finances remain under pressure, while the government must reduce its spending and control its deficit.
A negative outlook does not mean that France's rating is being downgraded today. It does, however, indicate that the agency could lower this rating in the coming months or years if the situation does not improve. For the French, this type of decision can have consequences for the government's borrowing costs, that is, the price at which France borrows money on financial markets.
Sources: IndexBox
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