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Fitch Downgrades France to ’AA+’; Outlook Stable

Friday July 12,2013,

Fitch Ratings has downgraded France’s Long-term foreign and local currency Issuer Default Ratings (IDR) to ’AA+’ from ’AAA’. The Outlook is Stable. At the same time, the agency has affirmed France’s Short-term foreign currency IDR at ’F1+’ and the Country Ceiling at ’AAA’.

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