Frances credit rating downgraded, with debt forecast to keep rising amid political turmoil

Fitch downgrade to lowest level on record complicates new prime minister Sebastien Lecornu and President Emmanuel Macrons efforts to control Frances financesThe Fitch agency downgraded Frances credit rating on Friday, as President Emmanuel Macron struggles with political instability and disagreements on how to put the countrys strained public finances in order.The US rating agency, one of the top global institutions gauging the financial solidity of sovereign borrowers, downgraded France on its ...