Fitch’s downgrade of France’s credit standing has forged a pall over newly put in Prime Minister Sebastien Lecornu as he begins talks to draft a funds, whereas unions plan strikes over spending cuts and employers protest towards the specter of tax hikes. Citing political instability and rising debt, Fitch minimize its score late Friday to A+ from AA-, giving France its lowest credit score rating on report simply days after President Emmanuel Macron tapped Lecornu to be his fifth prime minister in two years.
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Fitch downgrade casts shadow over new French prime minister's funds battles
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