PARIS (AFP) – The “rating agencies are doing their job, we do ours”, “we have a cap, you keep it” responded Saturday spokesman of the government, Stéphane Le Foll, asked about the downgrade of France by Fitch.
“We have a cap, you keep it. We set our goals terms of deficit reduction. We even saw them to improve outcomes, either in 2015, 2016 and 2017, “said the spokesman, on his arrival at the extraordinary National Council (” parliament “) of the Socialist Party.
“The signing of France today in the financial markets is that you know. We have interest rates that are historically low,” said he argued.
“discussions and reforms are hired in the social dialogue,” added the spokesman before concluding: “the rating agencies do their job, we do ours”
. The Fitch Ratings agency downgraded Friday the rating of France to “AA +” to “AA” by combining it with a stable outlook mainly because of fiscal slippage.
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