Moody's downgrade of France's debt hurts clout at bargaining table.
By James Hertling and Leon Mangasarian, Bloomberg|November 20, 2012 at 04:26 AM|Originally published on Treasuryandrisk.Com
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France’s loss of the top credit rating at Moody’s Investors Service may weaken President Francois Hollande’s leverage in European budget talks and deepen concern in Germany over its neighbor’s lagging competitiveness.