European markets flat after France's downgrade

There was no “sound and fury” on European markets today despite the loss of France’s gold-plated AAA credit rating and speculation over Greece’s future in the eurozone.

European markets flat after France's downgrade

There was no “sound and fury” on European markets today despite the loss of France’s gold-plated AAA credit rating and speculation over Greece’s future in the eurozone.

The downgrade of France and several other countries by Standard & Poor’s came as little surprise to markets, while rival agency Moody’s helped sentiment by saying it will maintain the country’s top-tier rating for the timebeing.

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