The US credit rating agency cut France's rating by one, citing low medium-term growth as an 'obstacle' for countering its elevated debt burden.
Rating agency Moody’s holds France's rating at Aa1, a notch below the coveted 'triple A', while forecasting a further rise of debt-to-GDP ratio.
French finance minister François Baroin has confirmed that France has lost its top AAA credit rating from ratings agency Standard & Poor's.
Ratings agency Fitch has affirmed France's top-notch AAA credit rating but has revised its outlook on the country to "negative" from "stable".
Amid heightened anxiety in global markets, Standard & Poor's erroneously issued a message saying it had cut France's triple-A credit rating.
The European Financial Stability Facility's spreads appear to have established a destructive correlation with France, with both hurt in knock-on spiral.