Don't think anyone expected this today. S&P was first to act, now Moody's.
Linda Yueh @lindayueh
zerohedge @zerohedge1st S&P now Moody's: #France downgraded from AAA, outlook remains negative: Long-term economic growth outlook negatively...
France weakness: "gradual, sustained loss of competitiveness and the long-standing rigidities of its labour, goods & service markets" Moodys