Credit Rating
S&P downgrades France's rating to A+ due to fiscal uncertainty
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Rating agency S&P Global Ratings downgraded France's sovereign rating from AA- to A+ on Friday, October 17, citing high uncertainty over public finances despite the 2026 budget proposal. The move, expected but earlier than scheduled, primarily punishes ongoing political instability. The government reaffirms its commitment to deficit reduction.
Global credit rating agency Fitch Ratings has reaffirmed South Korea's sovereign rating at AA- with a stable outlook. The decision underscores the country's robust external finances and dynamic export sector. However, rising government debt and aging population challenges pose medium-term risks.
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Rating agency S&P Global Ratings maintained France's sovereign credit rating at A+ with a stable outlook on Friday evening, one month after an unexpected downgrade. The decision comes amid tense parliamentary budget debates. Economy Minister Roland Lescure acknowledged the maintenance.