France's Debt Reduction Target Questioned by Rating Agencies on Nostr: Rating Agencies Doubt France's Target to Cut Massive Debt =============== #d044f1de ...
Rating Agencies Doubt France's Target to Cut Massive Debt
===============
#d044f1de ver:0.07
Rating agencies Moody's and Fitch doubt France's ability to cut its massive debt, as the country's public deficit widens and the government's target is missed. France's debt is currently 110.6% of GDP, the third-highest in the EU. The government aims to bring it below 3% by 2027, but both agencies are skeptical. Moody's predicts debt could reach almost 115% of GDP by then, while Fitch cites unspecified deficit narrowing measures. French Finance Minister Bruno Le Maire remains determined to restore public finances and meet the objective. #France #debt #ratingagencies...
#newstr #France #Debt #RatingAgencies #Deficit #Gdp
https://here.news/story/d044f1de?ver=0.07
===============
#d044f1de ver:0.07
Rating agencies Moody's and Fitch doubt France's ability to cut its massive debt, as the country's public deficit widens and the government's target is missed. France's debt is currently 110.6% of GDP, the third-highest in the EU. The government aims to bring it below 3% by 2027, but both agencies are skeptical. Moody's predicts debt could reach almost 115% of GDP by then, while Fitch cites unspecified deficit narrowing measures. French Finance Minister Bruno Le Maire remains determined to restore public finances and meet the objective. #France #debt #ratingagencies...
#newstr #France #Debt #RatingAgencies #Deficit #Gdp
https://here.news/story/d044f1de?ver=0.07