Germany’s Feld Says France May Lose AAA in Medium Term, FAS Says
Lars Feld, a member of German Chancellor Angela Merkel’s council of economic advisers, said France’s AAA credit rating is at risk of a downgrade in the medium term, according to an interview with Frankfurter Allgemeine Sonntagszeitung.
The European Union rescue fund would have to be restructured if France’s rating was cut, probably resulting in higher costs for Germany, the German economic adviser said in the interview.
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