François Hollande’s shaky credibility takes another hit with credit-rating cut

France’s second credit-rating downgrade by Standard & Poor’s in less than two years is as damaging politically for the socialist François Hollande as it was for his rightwing predecessor Nicolas Sarkozy, who lost the election shortly after France lost its AAA rating in January 2012. S&P directly …

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François Hollande’s shaky credibility takes another hit with credit-rating cut

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