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Radio France Internationale
Radio France Internationale
National
RFI

France avoid S&P credit downgrade but concerns persist

Emmanuel Macron France SP Fitch National Debt
France's debt is becoming an increasing headache for President Emmanuel Macron © LUDOVIC MARIN / AFP

Paris (AFP) – France managed to avoid a fresh credit downgrade from a leading rating agency on Friday, despite mounting concern over the country's surging national debt.

Leading ratings agency Fitch in April lowered its rating on France's debt, which is approaching three trillion euros.

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