The Fitch credit rating agency downgraded France's public debt rating in September 2025 and confirmed this classification in March 2026. The agency noted that "the status quo appears to be the most likely scenario" for the country, indicating that no significant changes are expected in the short term.
The decision to maintain the rating comes in a context of challenging economic outlook for the French economy. Fitch will take into account the evolution of public finances and economic growth in the country before making any changes to the classification.
Experts consulted by Euronews point out that the agency may opt to wait for the presidential elections before hardening its position regarding French debt. This strategy would allow for an assessment of the impact of potential political changes on the country's fiscal trajectory.




