France stripped of prized 'AAA' credit rating by Moody's

[Moody’s] said France’s long-term economic growth had been hit by its inflexible labour market and low levels of innovation eroding its competitiveness and industrial base. Moody’s also flagged up the country’s exposure to the continuing eurozone crisis. It warned the … Continue reading France stripped of prized 'AAA' credit rating by Moody's