Editorial photo #12898790 Economy, Business and Finance
Illustrations Of The Moody's Rating Agency
The Moody's rating agency logo appears on a smartphone screen, with the French flag in the background. Moody's currently rates France's sovereign debt as Aa3 and is due to reveal the new rating; a downgrade to A1 is expected. This occurs in Creteil, France, on October 23, 2025. (Photo by Samuel Boivin/NurPhoto)