Standard & Poor's is placing its 'AAA' long-term unsolicited sovereign credit rating on the Republic of France on CreditWatch with negative implications. At the same time we are affirming France's 'A-1+' short-term unsolicited sovereign credit rating.
The CreditWatch placement is prompted by our concerns about the potential impact on France of what we view as deepening political, financial, and monetary problems within the European Economic and Monetary Union.
Our CreditWatch review will
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