法国主权信用评级被下调！

Core Viewpoint - Fitch Ratings downgraded France's sovereign credit rating from AA- to A+ due to a lack of a credible fiscal consolidation plan supported by a majority [1] Economic Indicators - France's fiscal deficit for 2024 is projected to reach 5.4% of GDP, while public debt totals 114% of GDP [1] - Debt interest payments are expected to be €67 billion this year, potentially exceeding €100 billion by 2030 [1] Political Context - Ongoing political instability raises uncertainty regarding the passage of the 2026 budget [1] Market Reactions - Some analysts believe the downgrade's impact on interest rates may be limited as the market had anticipated it [1] - Others warn that the downgrade could trigger investment restrictions for large funds, leading to selling pressure on French government bonds and increasing financing costs [1] Comparative Analysis - Currently, France's government bond yields are higher than those of Spain, Portugal, and Greece, only slightly lower than Italy [1]