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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Fiscal and political dual crises: Fitch downgrades France's sovereign credit rating
Jin10 Data September 13 - Against the backdrop of political and fiscal crises, the American credit rating agency Fitch announced on September 12 that it has downgraded France's sovereign credit rating from AA- (high quality) to A+ (upper medium quality). According to Fitch's assessment, France lacks a credible fiscal consolidation plan supported by a majority, which is the main reason for this downgrade.