French Industry Minister Calls Credit Downgrade a ‘Wake-Up Call’
Lescure urges renewed focus on reforms and fiscal responsibility.
French Industry Minister Roland Lescure has described the latest credit downgrade as a call to action, saying it should motivate the government to accelerate reforms and strengthen public finances.
Speaking after Standard & Poor’s lowered France’s rating, Lescure emphasized that restoring economic credibility requires discipline and cooperation across political lines.
The remarks highlight growing concern within the administration about the nation’s worsening fiscal trajectory.