Fitch downgrades France credit rating citing fiscal metrics weaker than peers

Paris [France], April 29 (ANI): Credit rating agency Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday, claiming that the country's "Fiscal metrics are weaker than peers," according to the Fitch Agency's statement.

In its report the Fitch agency said, "Fiscal metrics are weaker than peers and Fitch expects general government debt/GDP to remain on a modest upward trend, reflecting relatively la