The credit ratings for France have not been downgraded by Standard & Poor's, the company said Thursday, clarifying what it says was an accidental transmission of a message to some subscribers that it had downgraded the nation's credit, Today's Zaman reported.
In a statement, S&P says a technical error caused the automatic dissemination of a message to some subscribers of its Global Credit Portal "suggesting that France's credit rating had been changed."
S&P says that is not the case and France's ratings remain at AAA, the highest investment-grade rating, with a "Stable" outlook.