# Vanguard warns France is ‘degrading credit’ as borrowing costs surge

https://mins.news/en/item/79686

- Financial Times, 2026-09-30 04:00 UTC
- Economy
- Original: https://www.ft.com/content/7820a84f-338e-4b91-a9b6-241a9bf81539?syn-25a6b1a6=1

> Vanguard warns that France is degrading its credit as borrowing costs surge. The Iran war has intensified fiscal pressure on Paris just as a budget battle looms.

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