France's outlook was changed to stable from negative.
(Reporting by Shreyaa Narayanan)
April 28 (Reuters) - Global credit ratings agency Fitch
downgraded France's sovereign credit rating on Friday by one
notch to 'AA-' from 'AA', citing a potential deadlock and social
movements posing a risk to President Emmanuel Macron's reform
agenda.
"Social and political pressures illustrated by the protests
against the pension reform will complicate fiscal
consolidation," the agency said.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.