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France will have to work to restore its financial luster – Economic Times


The Guardian

France will have to work to restore its financial luster
Economic Times
News of the downgrade blared from French airwaves and on websites, as the finance minister, Francois Baroin, declared that the event was "not a catastrophe." Members of the opposing Socialist party wasted no time painting a gloomier picture.
France to Lose AAA Rating From S&P, Finance Minister SaysBusinessWeek
Credit ratings cut for 9 eurozone nationsNinemsn
S&P lowers ratings of 9 euro zone countriesFinancial Express
Telegraph.co.uk –Wall Street Journal (blog)
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