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Moody’s warns France

22. November 2011. | 08:55

Source: Voice of Russia

Moody’s ratings agency has warned France that it may change its AAA rating over the country’s vast external debt and negative growth outlook.

Moody’s ratings agency has warned France that it may change its AAA rating over the country’s vast external debt and negative growth outlook.

The agency says that the eurozone’s second largest economy is threatened by high loan and debt service.

Currently France’s 10-year government bonds have gained 20 basis points while its main CAC 40 stock index dropped 2,68%.

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