Moody’s downgrades France’s economic outlook to negative over financial risks

Ratings agency Moody’s downgraded France’s outlook on Friday, signalling a potential credit rating cut due to concerns over the country’s finances. Moody’s Ratings said the shift reflects the “increasing risk that France’s government will be unable to implement measures that would prevent sustained wider-than-expected budget deficits and a deterioration in debt affordability.” It changed France’s