{"id":1939888,"date":"2023-05-28T11:17:15","date_gmt":"2023-05-28T15:17:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/france-in-very-close-discussions-with-sp-ahead-of-rating-update\/"},"modified":"2023-05-28T11:34:10","modified_gmt":"2023-05-28T15:34:10","slug":"france-in-very-close-discussions-with-sp-ahead-of-rating-update","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/france-in-very-close-discussions-with-sp-ahead-of-rating-update\/","title":{"rendered":"France in talks with S&#038;P before rating update."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffrance-in-very-close-discussions-with-sp-ahead-of-rating-update%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1939888&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>French Economy Minister in Talks with Standard and Poor&#8217;s Over Possible Downgrade<\/h2>\n<blockquote><p>PARIS (Reuters) \u2013 French Economy Minister Bruno Le Maire is in \u201cvery close discussions\u201d with credit ratings agency Standard and Poor\u2019s, which put France on notice in January for a possible downgrade, Prime Minister Elisabeth Borne said on Sunday.<\/p>\n<p>The agency, which is due to give an update on France on June 2, said a downgrade from its current \u201cAA\u201d rating could be triggered by a lack of reforms that it said France needed to implement to reduce the burden on spending.<\/p><\/blockquote>\n<p>According to Prime Minister Borne, Le Maire has provided detailed explanations to Standard and Poor&#8217;s on France&#8217;s efforts to control its public finances and implement reforms. France aims to cut its budget deficit to 2.7% of gross domestic product by 2027.<\/p>\n<p>Fellow credit ratings agency Fitch recently downgraded France&#8217;s <a title=\"Sri Lanka Declares Bankruptcy\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sri-lanka-declares-bankruptcy\/\">sovereign credit rating<\/a> to &#8220;AA-&#8220;, <a title=\"France in talks with S&#038;P before rating update.\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/france-in-very-close-discussions-with-sp-ahead-of-rating-update\/\">citing potential political deadlock<\/a> and social unrest as risks to President Emmanuel Macron&#8217;s reform agenda.<\/p>\n<h3>Other Headlines:<\/h3>\n<ul>\n<li>President Joe Biden nominates General Charles Q. Brown as new chairman of the Joint Chiefs of Staff<\/li>\n<li>Governor Ron Desantis touts education policies ahead of <a title=\"Did Trump Just Signal He\u2019s Returning To Twitter?\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/did-trump-just-signal-hes-returning-to-twitter\/\">potential 2024 presidential campaign<\/a><\/li>\n<li>New York City Mayor Eric Adams claims 50% of hotel rooms in the city are filled by illegal immigrants<\/li>\n<li>Debt ceiling debate in the U.S. comes down to spending, says House Speaker McCarthy<\/li>\n<li>China&#8217;s cyberspace regulator deletes 1.<a title=\"Olympic champ Crouser breaks own shot put record.\" href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/athletics-olympic-champion-crouser-shatters-own-shot-put-world-record\/\">4 million social media posts<\/a> following two-month probe<\/li>\n<li>U.S. and Japan to deepen cooperation in research and development of advanced chips and other technologies<\/li>\n<li>Former PR firm for Twitter sues the social media company<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>French Economy Minister is in talks with Standard and Poor&#8217;s over a possible downgrade, according to Prime Minister Elisabeth Borne. The credit ratings agency had warned of a potential downgrade in January and is set to provide an update on June 2.<\/p>\n","protected":false},"author":66,"featured_media":1939889,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"France in talks with S&#038;P before rating update.","footnotes":""},"categories":[542],"tags":[5777,8809,12627,3745,5002],"class_list":["post-1939888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-france","tag-rating","tag-sp","tag-talks","tag-update"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"France in talks with S&#038;P before rating update.","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1939888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1939888"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1939888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1939889"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1939888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1939888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1939888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}