International credit rating agency Standard and Poor's (S&P), changed the credit outlook of France from negative to stable level. Also, "AA" credit rating confirmed for the France. The agency have published a written statement, they noticed that note of view of France experienced a revision from negative from to stable level. However the risks continue for France's financial position and development, also the country is holding a stronger financial position against the unexpected crisis on the economy. Standard and Poor's also announced growth expectations for 2016 and 2017 respectively 1.3 % and 1.2 %.
- Date: 22 October 2016 Sat 13:41
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