France Gets Demoted to AA1 Rating

Discussion in 'World' started by Bharatiya, Nov 20, 2012.

  1. Bharatiya

    Bharatiya New Member

    France, owing to the ongoing economic downturn has been given a lower rating of AA1 from its previous AAA rating. However economists claim that the S&P's downgrade of France has had very little impact on its yields and performance, except for the fact that the Euro slid slightly against the Dollar. How do you think France is going to get itself motivated in this economic crisis despite being graded low?
     


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