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Fitch Downgrades France’s Credit Rating to A+ Amid Political Turmoil

The credit rating agency lowered France’s long-term rating from AA- to A+, citing increasing political instability.

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Terms & Concepts
  • Credit Rating: An assessment of the creditworthiness of a borrower, in this case a country, reflecting its ability to meet financial commitments.
  • Fitch Ratings: A global credit rating agency that evaluates the financial strength and creditworthiness of corporations and governments.