Fitch strips France of AAA status

2013-07-13 27

France has been stripped of its last triple-A credit rating by the agency Fitch. The country's uncertain debt outlook, lack of growth and the ongoing eurozone crisis have taken its rating down a notch to AA+.

It comes a year after credit rating giants, Standard and Poor's and Moody's downgraded France from its prized triple-A status.

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