Announcements

    Drinks

      France, US sovereign ratings: fiscal and governance challenges drive weakening credit profiles
      FRIDAY, 31/10/2025 - Scope Ratings GmbH
      Download PDF

      France, US sovereign ratings: fiscal and governance challenges drive weakening credit profiles

      Webinar: Wednesday, November 5th 2025 - 3:00 PM (CET)

      Webinar

      Scope Ratings has downgraded the US to AA-/Stable and changed the Outlook on France’s AA- rating to Negative. This narrow rating gap between the two sovereigns contrasts with the view of most market participants.

      Join us for a discussion with Scope’s lead analysts to explore why fiscal and governance concerns are weighing down on the two credit ratings and the degree to which these concerns are still partially offset by the dollar’s reserve-currency status for the US and the institutional euro area framework for France.

      Register now

      Related news

      Show all
      Scope affirms L-Bank at AAA with Stable Outlook

      10/12/2025 Rating announcement

      Scope affirms L-Bank at AAA with Stable Outlook

      Scope affirms LfA Förderbank Bayern at AAA with Stable Outlook

      10/12/2025 Rating announcement

      Scope affirms LfA Förderbank Bayern at AAA with Stable Outlook

      Scope Ratings publishes 2026 sovereign, sub-sovereign and supranational rating calendars

      10/12/2025 Research

      Scope Ratings publishes 2026 sovereign, sub-sovereign and ...

      Perspectives économiques mondiales 2026 : risques financiers, commerce, dette et géopolitique

      8/12/2025 Research

      Perspectives économiques mondiales 2026 : risques financiers, ...

      Global Economic Outlook 2026: financial system risk; trade, public debt, geopolitical uncertainties

      8/12/2025 Research

      Global Economic Outlook 2026: financial system risk; trade, ...

      Scope has completed a monitoring review for the Slovak Republic

      5/12/2025 Monitoring note

      Scope has completed a monitoring review for the Slovak Republic