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![Scope downgrades France’s long-term ratings to AA- and revises the Outlooks to Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_4038116b4e719dafa8ab194c28c8fb3479f1c7ffff89492c2a707b7d2aafe201.jpg)
18/10/2024 Rating announcement EN
Scope downgrades France’s long-term ratings to AA- and revises the Outlooks to Stable
Sustained deterioration of public finances and challenging political outlook drive the downgrade. Leading role in Europe, economic resilience, favourable debt profile, excellent market access, and robust banking sector anchor the ratings.
![Scope affirms France’s AA long-term credit ratings; revises Outlook to Negative from Stable](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_c7dbfe29947f1915c9db73aa0b76b0a3206cb66938122f3ae3e3ea3b28c2ce1d.jpg)
26/5/2023 Rating announcement EN
Scope affirms France’s AA long-term credit ratings; revises Outlook to Negative from Stable
Weakening public finances and implementation risks to the reform agenda drive the Outlook change. A large, diversified, and resilient economy; core euro area member status; a favourable debt profile; and excellent capital market access are strengths.
![Scope affirms France's AA/Stable long-term credit rating](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_8ce255e608c75a4138c8eef4b0c78bf6418a3cc359277ca544ab24514db7d65e.jpg)
2/12/2022 Rating announcement EN
Scope affirms France's AA/Stable long-term credit rating
A large, diversified, and resilient economy, core euro area member status, favourable debt profile and excellent capital market access are strengths. A deteriorating fiscal position, weaker reform momentum and labour market bottlenecks are challenges.
![Scope affirms the French Republic’s long-term credit rating at AA with Stable Outlook](https://www.scopegroup.com/ScopeOneApi/images/announcement-img?imageName=mitteilung_0ca4a9a38df0941517ca9ef4c914dadfc7ddd79e22d7f4d15d2f7bde22d8bdf0.jpg)
3/5/2019 Rating announcement EN
Scope affirms the French Republic’s long-term credit rating at AA with Stable Outlook
France’s large and diversified economy, structural reforms, high investment and a favourable debt structure support the ratings. Elevated public debt, persistent fiscal deficits and labour market challenges are constraints.
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