The international rating agency Moody’s downgraded Belgium’s credit rating forecast to negative and the Fitch Ratings agency assigned a negative outlook to France, Bloomberg reports citing statements from the agency.
Ratings agency Moody’s downgraded Belgium’s rating outlook to negative amid concerns about the country’s deficit trajectory as well as political uncertainty following general elections earlier this year. – the agency said in a statement. Moody’s assigned it an Aa3 rating, meaning it was downgraded from stable to negative.
Fitch Ratings has assigned a negative outlook to France. It is worth noting that this came a day after the government presented its 2025 budget, criticizing the Prime Minister’s efforts. Michel Barnier to combat the sharp deterioration of public finances.
