{"id":40951,"date":"2013-11-08T16:15:48","date_gmt":"2013-11-08T16:15:48","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/frances_credit_rating_cut_by_sp_to_aa\/"},"modified":"2013-11-08T16:15:48","modified_gmt":"2013-11-08T16:15:48","slug":"frances_credit_rating_cut_by_sp_to_aa","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=40951","title":{"rendered":"France&#39;s credit rating cut by S&#038;P to AA"},"content":{"rendered":"<p>Standard and Poor&#8217;s (S&#038;P) has cut France&#8217;s credit rating to AA from AA+.<\/p>\n<p>The moves comes almost two years after the country lost its top-rated AAA status&#8230;.<\/p>\n<p>S&#038;P said in its statement: &#8220;We believe the French government&#8217;s reforms to taxation, as well as to product, services and labour markets, will not substantially raise France&#8217;s medium-term growth prospects and that ongoing high unemployment is weakening support for further significant fiscal and structural policy measures.&#8221;<\/p>\n<p><a href=\"http:\/\/www.bbc.co.uk\/news\/business-24863628\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Standard and Poor&#8217;s (S&#038;P) has cut France&#8217;s credit rating to AA from AA+. The moves comes almost two years after the country lost its top-rated AAA status&#8230;. S&#038;P said in its statement: &#8220;We believe the French government&#8217;s reforms to taxation,<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=40951\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,50,460,582,589,595,592,149,168,591,200,590,144,468,151,585,34],"tags":[],"class_list":["post-40951","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-international-news-commentary","category-european-sovereign-debt-crisis-of-2010","category-consumerconsumer-spending","category-corporationscorporate-life","category-credit-markets","category-currency-markets","category-economy","category-ethics-moral-theology","category-euro","category-europe","category-european-central-bank","category-foreign-relations","category-france","category-politics-in-general","category-the-banking-systemsector","category-theology"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/40951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40951"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/40951\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}