"fiscal crest"

#12898799

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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#12898800

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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#12898801

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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#12898802

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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#12898803

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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#12898804

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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Commercial use is not permitted without prior authorization.
Please contact us for more information.

#12898805

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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Commercial use is not permitted without prior authorization.
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#12898806

23 October 2025

The rating scale appears on a smartphone screen, with the Moody's rating agency logo in the background. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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Commercial use is not permitted without prior authorization.
Please contact us for more information.

#12898807

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, reflecting a French flag. Moody's currently rates French sovereign debt as Aa3 and is expected to reveal the new rating; a downgrade to A1 is expected in Creteil, France, on October 23, 2025.

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Commercial use is not permitted without prior authorization.
Please contact us for more information.

#12898808

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, reflecting a French flag. Moody's currently rates French sovereign debt as Aa3 and is expected to reveal the new rating; a downgrade to A1 is expected in Creteil, France, on October 23, 2025.

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Commercial use is not permitted without prior authorization.
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#12898809

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, reflecting a stock chart. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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Commercial use is not permitted without prior authorization.
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#12898810

23 October 2025

The Moody's rating agency logo appears on a smartphone screen, reflecting a stock chart. Moody's currently rates France's sovereign debt as Aa3 and is expected to reveal a new rating, with a downgrade to A1 anticipated, in Creteil, France, on October 23, 2025.

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#12765412

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency logo appear on a smartphone screen with the rating grid in the background, as the new assessment of France's debt rating is set to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12765413

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency logo appear on a smartphone screen with the rating grid in the background, as the new assessment of France's debt rating is set to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12765414

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency's rating grid display on a smartphone screen with the agency's logo in the background, ahead of the new assessment of France's debt rating to be unveiled on September 19. In Creteil, France, on September 17, 2025.

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#12765415

17 September 2025

Illustrations of the Morningstar DBRS credit rating agency's rating grid display on a smartphone screen with the agency's logo in the background, ahead of the new assessment of France's debt rating to be unveiled on September 19. In Creteil, France, on September 17, 2025.

Restricted to Editorial Use Only.
Commercial use is not permitted without prior authorization.
Please contact us for more information.