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France’s sovereign rating downgraded by Standard & Poor’s due to deficit

Broadcast United News Desk
France’s sovereign rating downgraded by Standard & Poor’s due to deficit

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With nine days until the European elections, France suffered its first sovereign ratings downgrade since 2013 on Friday from Standard & Poor’s, with the ratings agency sanctioning the country’s public deficit and not believing at this stage that the accounts will be restored as promised by the end of Macron’s mandate in 2027.

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