Fitch retains France's AA ratings thanks to wealthy economyStaff writer ▼ | June 14, 2016
Fitch Ratings maintained the sovereign ratings of France at AA with stable outlook. France achieved a better than expected general government deficit of 3.6 percent of gross domestic product in 2015 compared with 4 percent in 2014.
Ratings General government deficit in France was better than expected
Nonetheless, Fitch said high indebtedness limits France's ability to deal with fiscal shocks and constitutes the main weakness to France's rating.
Fitch assumed that the authorities will be keen to avoid deficit-related negative news-flow around the presidential elections. ■