The international rating agency Fitch updated data for France after the government presented the budget for 2025. The agency’s analysts suggest that in the new realities both the budget deficit and the growth of public debt (up to 118, 5% of GDP in 2028).
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As a result, the country’s sovereign rating was maintained (AA-) and the outlook was corrected to “negative” as “fiscal policy risks have increased” (Bloomberg).
Belgium’s position was analyzed by the international rating agency Moody’s. The result is similar: the sovereign rating was maintained (Aa3) and the outlook became “negative”, since the “political uncertainty after the general elections” could affect the budget deficit.
Additionally, analysts are concerned that “the next government will not be able to implement measures that will stabilize the state’s debt burden.”
Author:
Ekaterina Alipova
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
