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Radio France Internationale

National

RFI

French debt in spotlight as ratings agencies sound alarm

SP Emmanuel Macron France National Debt

A man walks past the ratings agency Standard & Poors' building in New York's financial district. © Reuters/Brendan McDermid

France's surging national debt is causing increasing alarm with the country risking a fresh warning on Friday over its credit rating after a downgrade.

Leading ratings agency Fitch recently lowered its rating on France's debt by one notch on 28 April to "AA-", which is approaching three trillion euros ($3.2 trillion).

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