Fitch maintains France's credit rating at A+ but downgrades its outlook from stable to negative

Fitch has kept France's credit rating at A+ but downgraded its outlook to negative due to rising debt concerns. The agency predicts France's debt will increase from 115.7% of GDP in 2025 to 124% in 2028, citing weaker growth and fiscal challenges. International investors are worried about the high debt levels, leading to increased interest yields. With a presidential election approaching, Fitch sees uncertain prospects for debt reduction, complicated by political divisions and social unrest. The economy has shown no growth this year, and the government faces difficulties in passing its budget aimed at spending cuts.