Fitch revises France’s outlook to ‘negative’ on worsening debt dynamics

Oct 30 (Reuters) – Credit ratings agency Fitch on Friday revised France’s outlook to “negative” from “stable”, warning that deteriorating fiscal conditions and political fragmentation are undermining debt stabilization prospects. The agency pointed to weaker growth, higher borrowing costs and a ‌wider deficit since its August review, compounded by a fractured political landscape that is making…

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