Moody’s cuts France’s top credit rating to ‘Aa1′

A+
A
A-

PARIS—The international ratings agency Moody’s cut France’s top credit rating by one notch to “Aa1″ Monday and maintained a negative outlook, meaning that another downgrade was possible.

Moody’s is the second of the three major ratings agency to cut France’s top rating, after Standard and Poor’s did so earlier this year.

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • http://profile.yahoo.com/276L22SZM5ZUQGV24IL4ZEF6UA Edward

    here we go  France ‘s top credit rating was downgraded as expected by distrusted Moody ‘s. what do we expect from this Moody ‘s na palaging huli parang kapulisan ng pinas saka lng dumating pagtapos na ang pangyayari ? 50 pips for eurusd after the downgrade is nothing…If I were the market player better long euro above Asian market low and buy cac on weakness at opening. If it is really alarming the Asian market should have reacted wildly. For EU it only adds to the inflicted wounds…

To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.

Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:

c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94

editors' picks

advertisement

popular

advertisement

videos