Economy

Title: France in "Very Close Talks" with Standard and Poor's

Title: France in

French Prime Minister Elisabeth Borne indicated on Sunday that Finance Minister Bruno Le Maire is engaged in "very close talks" with credit rating agency Standard and Poor's. Borne stated on Radio J: "I believe there are detailed explanations from Bruno Le Maire to Standard and Poor's regarding everything we are doing to manage our public finances, and I think we are working in that direction." She added that Le Maire explained the reforms being undertaken in France, aiming to reduce the country's budget deficit to 2.7% of GDP by 2027.

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