Moody's spares France downgrade but keeps negative outlook
2 Oct 31 5:36 AM · 14d ago · 1 article · 1 post · 2 sources · development 2 of 2
Days after Fitch's move, Moody's kept France's rating at Aa3 with a negative outlook, citing expectations that a deficit-reduction budget for 2027 will be adopted and that financing pressures and social tensions will ease.
Fitch Credit ratings agency
Roland Lescure France Economy MinisterMoody's Credit ratings agency
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What was reported 2 claims about this development
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first by Euronews.com, 14d ago · also FT
2 more headlines
- Rating agency Fitch hits France with unscheduled outlook downgrade Financial Times · 14d ago
- Rating agency Fitch hits France with surprise outlook downgrade FT · 14d ago
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first by Bloomberg.com, 14d ago · also Bloomberg Economics
What people said 7 voices · verbatim
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I don’t deny ageism. And I also don’t deny that older people can have a harder time finding a job. I just think they need to man the fuck up and deal with it. They are not children. They are the richest group in society, and have had their entire life to prepare for this moment. While young people have much higher taxes than they had when they…
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Yeah sure, You know what in 2017 when the left (and he was not a very left for the beginning) left office we had a deficit under the Maastricht criteria. And then the liberal came, with your plan for the economy. Cut taxes everywhere. Cut taxes on financial gain, cut taxes on companies, cut taxes on the wealthy, cut property taxes. Going from…
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A twisted and inhuman obcession to sacrifice what makes your country great on the altar of debt, imo an admission that there is no real solution apart getting rid of what makes the country great, disgusts my very soul that people like you are around dictating what France should do as if you know better 😕 No one would give a shit if you could…
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Jean Jaurès est mort en 1914, on est en 2026. Un pays avec les soins gratuits, la retraite à 63-64 ans, l'université la moins cher du monde, les taux de prélèvements les plus élevés du monde, avec un interventionisme étatique extremement marqué et classé dans 60-70ème en terme de liberté éconimique n'est pas de droite. Nous sommes une anomalie par…
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It only delay the problem. Not solve it Anyone past 60 years old is already unemployable if they lose their job for any reason so it only load unemployment and welfare systems. In France's case, pensions are not the problem since their % of spending relative to GDP hasn't changed since 2016 despite all the global events that happened in the last 7…
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57 is exactly where this problem shows up, and raising the pension age without fixing the hiring of older workers mostly shifts people like your dad from pensions onto unemployment benefits.
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Won't solve the issue. pensions themselves need to be frozen and the higher ones slashed.
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