The S&P Global rating agency maintains France’s rating at “AA”, a “decision consistent with the government’s choices”, welcomes Bruno Le Maire

A decision scrutinized by financial players. The influential rating agency S&P Global Ratings has maintained France’s financial rating at “AA”, according to a press release published Friday, December 1 in the evening. However, the agency specified that it left the rating with a negative outlook, due to a “uncertainty” as to “France’s public finances in a context of high, albeit slowly declining, budget deficit and high public debt”.

“This decision is consistent with the government’s choices in terms of public finances”immediately reacted the French Minister of Economy and Finance, Bruno Le Maire, on the social network X. “More than ever, we remain determined to reduce public spending and accelerate France’s debt reduction. Our independence and respect for our national and European commitments are at stake.”he added.