France's AAA Grade at Risk as Rating Cuts Spread: Euro Credit

By Paul Dobson and Keith Jenkins
Dec 20, 2010 11:43 AM ET

France risks losing its top AAA grade as Europe’s debt crisis prompts a wave of downgrades that threatens to engulf the region’s highest-rated borrowers, with Belgium also facing a possible cut.

Moody’s Investors Service said Dec. 15 it may lower Spain’s rating, citing “substantial funding requirements,â€