Frances Finance Minister Francois Baroin confirmed earlier reports that the country would have it’s credit rating downgraded one notch to AA+. Speaking to France’s TV 2, Baroin became the envy of spin-doctors everywhere, saying:
“I confirm that France has received, like most euro zone countries, a notification of a change of its rating. It’s a downgrade, a one-notch change, it’s the same agency that downgraded the United States. It means we must follow and amplify reforms. We must be bold. We must preserve employment.”
Stay Classy Francois!
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