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EconomicsMarkets

France Faces New Debt Warning as Scope Ratings Adjust Outlook to Negative

By — September 26, 2025 at 8:40 PM UTC

France has received its third credit rating setback in just two weeks, as Scope Ratings has revised its outlook to negative amid a political deadlock regarding the management of the nation’s escalating debt. This latest assessment highlights the ongoing challenges facing President Emmanuel Macron, particularly following his unsuccessful push for elections last year, which stripped his party of a functioning majority in parliament.

In a statement released on Friday, Scope Ratings cited a «significantly weaker fiscal» situation and a «more challenging political outlook» as key factors influencing this downgrade. Despite the negative outlook, the agency has maintained France’s AA- rating, reflecting ongoing concerns over the country’s financial stability and governance.

This situation underscores the urgency for effective fiscal strategies and political collaboration to address France’s mounting debt issues.

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