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Standard & Poor’s downgraded France’s credit rating from AAA to AA+ (for real this time) Friday, along with that of eight other European countries. The downgrade is a blow to France which, as the Post’s Howard Schneider and Edward Cody report, has attempted to stave off a potential ratings drop through spending cuts and tax hikes.
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Standard & Poor’s downgraded France’s credit rating from AAA to AA+ (for real this time) Friday, along with that of eight other European countries. The downgrade is a blow to France which, as the Post’s Howard Schneider and Edward Cody report, has attempted to stave off a potential ratings drop through spending cuts and tax hikes.

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— 2 years ago with 15 notes
#innovation  #europe  #downgrade  #standard & poor's  #france  #germany  #environment  #economics 
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