France faces a mounting credit crisis as its rating is downgraded for the third time in a month. S&P cut France to A+ from AA-, citing soaring debt projected at 121% of GDP by 2028. Fitch and DBRS had already lowered ratings earlier this month amid political deadlock and stalled fiscal reforms. Rising borrowing costs […]
The post France debt crisis sparks Greece fears: France heading the Greece way? Rating downgraded again, third hit in a month – economy faces full-blown credit crisis appeared first on Veritas News.