France ratings fears put euro under pressure

first_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULL whatsapp France ratings fears put euro under pressure John Dunne Sharecenter_img whatsapp THE Euro dropped this morning after market fears that France could face a downgrade of its AAA credit rating in the long term.Fears were triggered after credit ratings agency Moody’s found earlier this week that the country’s rating was secure for now but could be under pressure in the future as uncertainty remains over its economic revival. President Nicolas Sarkozy called an emergency summit meeting with prime minister Francois Fillon, finance minister Christine Lagarde and budget minister Francois Baroin to discuss the country’s economic problems following the Moody’s report. The meeting, tomorrow (Friday) will discuss a new package of cuts, it is understood.A market source said: “People are very jittery on the European markets. Although in the short term France’s rating looks safe it is beyond that which is causing concern.” Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndo Thursday 19 August 2010 6:36 amlast_img read more