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France finmin says fundamentals solid after downgrade
November 20, 2012 / 7:35 AM / in 5 years

France finmin says fundamentals solid after downgrade

PARIS, Nov 20 (Reuters) - French Finance Minister Pierre Moscovici said on Tuesday that Moody’s move to strip France of its prized triple-A rating did not put into question the country’s economic fundamentals.

Moscovici, who also pledged that the government would pursue previously promised reforms, added that he disagreed with the ratings agency’s comments on the French banking sector.

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