France loses AAA-rating: source
Published: 13 Jan 2012 16:29 GMT+01:00
Standard & Poor's has decided to downgrade France's top-notch credit rating but will spare Germany, Belgium, Luxembourg and the Netherlands, an EU government source told AFP on Friday.
"France loses its triple-A rating," the source said on condition of anonymity.
Standard and Poor's Corp earlier on Friday declined to comment on rumours on the markets that it was about to downgrade several eurozone credit ratings, as stocks and the euro turned lower after earlier gains.
In December, S&P warned that it could downgrade several eurozone countries – including France with its top AAA rating – as the debt crisis cuts growth.
Should the French also have a referendum on their membership in the EU? Photo: AFP
David Cameron's pledge to hold an in/out referendum on Britain's membership of the EU has been backed by France's far right National Front party, which wants the same in France, where views of the EU have soured over the years.
A Frenchwoman has been jailed for torturing her boyfriend. Photo: AFP
A Frenchwoman who kept her boyfriend as a "domestic slave", forcing him to ingest sponges and window cleaner, was Thursday sentenced to three years in prison.
A couple take a selfie on the Pont des Arts in front of all the love locks. Photo: AFP
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Cameron in Paris
Cameron and Hollande held talks in Paris over the future of the EU on Thursday night. Photo: AFP
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Police in front of the Eiffel Tower. Photo: AFP
Police in the French capital arrested ten people suspected of being in a pickpocketing gang that targeted tourists at the Eiffel Tower, where they would earn up to €4,000 a day.
Not ALL British expats will be able to vote in the EU referendum. Photo: AFP
Details of the UK’s referendum bill were published on Thursday, but there was no mention of guaranteeing the vote to ALL British expats living in EU member states. An omission that has left many Brits in France angry and deeply concerned.
Over 3,300 people died on the roads in France in 2014. Photo: AFP
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Marchers at one of the previous Paris Pride Parades. Photo: AFP
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Fifa corruption scandal
Michel Platini (right) has urged Sepp Blatter to resign. Photo: AFP
UPDATED: Allegations that leading figures at Fifa took bribes for the awarding of World Cups has led to suspicion that the vote that saw France named host of the 1998 tournament was also tainted by corruption. French football chiefs and Uefa's Michel Platini have also rounded on Fifa’s chief Sepp Blatter.
UK Prime Minister David Cameron meets French President François Hollande on a trip to Paris in January. Photo: AFP
France's foreign minister Laurent Fabius fired a warning to UK Prime Minister David Cameron ahead of his trip to Paris on Thursday, telling him the EU referendum was "very risky" and that Britain would 'certainly' have the most to lose if it left the EU.