A breather after a week of crisis! France temporarily avoids a Moody's downgrade

Zhitong Finance APP has learned that France has avoided a downgrade by Moody's Ratings, giving the countrycurrently plagued by soaring bond yields, political deadlock, and street protestsa chance to catch its breath. Moody's maintained France's rating for the eurozone's second-largest economy at Aa3, seven notches above "junk" status and on par with the UK's rating; the outlook is negative.