Fitch downgrades France’s credit rating to A+
PARIS, Sept. 13 (Xinhua) -- Rating agency Fitch on Friday evening downgraded France's long-term sovereign credit rating from AA- to A+, with a stable Kenya breaking news | Kenya news today |..
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Rating agency Fitch has downgraded France’s long-term sovereign credit rating from AA- to A+, with a stable outlook. This decision was primarily driven by the nation's high and rising government debt, political fragmentation, and projected high deficits.
- Fitch projects France's debt to reach 121 percent of GDP by 2027, up from 113.2 percent in 2024.
- The French Ministry of Economy, Finance and Industrial and Digital Sovereignty, via Minister Eric Lombard, has "taken note" of the downgrade.
- New Prime Minister Sebastien Lecornu is consulting with Parliament to restore public finances.
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Fitch Downgrades France's Rating, AstraZeneca Pauses UK Investment, and Protests Damage Nepal's Hotel Sector - September 2025
Rating agency Fitch downgraded France’s long-term sovereign credit rating from AA- to A+, citing the nation's high government debt and political fragmentation. In the United Kingdom, AstraZeneca has paused plans for a £200 million investment at a Cambridge research site, a move that would have created 1,000 jobs and follows a similar withdrawal by US firm Merck. Separately, Nepal's hotel sector has suffered significant financial losses exceeding 25 billion Nepali rupees due to recent protests. Numerous hotels experienced extensive damage from vandalism and arson attacks on September 9.
