Tag Archives: Michel

Warnings over France’s financial situation grew on Friday when the Moody’s ratings agency issued a negative outlook for the country’s sovereign debt rating amid concerns about the nation’s rapidly rising debt and deficit. The outlook reflects what Moody’s said were heightened risks of political gridlock in France as Prime Minister …

France has become one of the most financially troubled countries in Europe, with an outsize debt and deficit that are likely to keep ballooning despite efforts by a fragile new government to address the problem, the Fitch Ratings agency said on Friday. A day after France’s new prime minister, Michel …