Media playback is unsupported on your device

France credit rating downgraded from AA+ to AA

8 November 2013 Last updated at 10:03 GMT

Standard and Poor's (S&P) has cut France's credit rating one notch to AA from AA+.

The BBC's Christian Fraser said it came with other bad news for France.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.