Monday, December 12, 2011

Down with France, says Chinese rating agency

Dagong has re-rated France's debt from AA- to A+ on 8th December. This anticipates the Reuters report that France can expect to lose her AAA rating next year, and goes much further than the view of some commentators in the latter article that perhaps the rating should drop to AA.

2 comments:

James Higham said...

With no one left with a AAA, they'll see that as the green light for the new federalist financial model.

Sean said...

Hello,

I'm the Finance editor at Before It's News. Our site is a People Powered news platform with over 4,000,000 visits a month and growing fast.

We would be honored if we could republish the Bearwatch blog rss feed in our European Union category. Our readers need to read what experts like you have to say.

Syndicating to Before It's News is a terrific way to spread the word and grow your audience. If you are interested in syndicating with us, please contact me at

sean [at] beforeitsnews [dot] com

Thank you