Fitch Publishes Special Report, France - The Challenges Ahead

Fitch Ratings today published a Special Report on the challenges facing France.

The election of the Socialist party candidate, Francois Hollande, as President of the French Republic does not have implications for France's 'AAA' rating, currently on Negative Outlook. Nonetheless, his electoral victory marks an important change in the leadership of France and Europe. However, the new President faces the same challenges as his predecessor: strengthening fiscal credibility; boosting France's medium-term growth potential; and dealing with the eurozone crisis.