EconomyFrance awaits Moody’s verdict as debt fears fuel downgrade expectations
France is grappling with rising public debt amid cost-of-living protests. Concern about its public finances has pushed the 10-year government bond yield above 5% for the first time since 2002, raising borrowing costs. A downgrade by Moody’s is widely expected.
France awaits Moody’s verdict as debt fears fuel downgrade expectations
Economy