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Radio France Internationale
Radio France Internationale
National
RFI

France in 'close discussions' with agency over debt rating

French Prime Minister Elisabeth Borne. via REUTERS - POOL

France is in "very close talks" with debt rating agency Standard and Poor's, Prime Minister Elisabeth Borne said Sunday, after a downgrade from rival Fitch reignited government finance concerns in the EU's second-largest economy.

Finance Minister Bruno Le Maire had offered "detailed explanations to Standard and Poor's of everything we're doing to get our public finances under control" ahead of their rating decision in early June, Borne told Jewish community broadcaster Radio J.

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