In the wake of the sovereign valuation, the ax of Standard & Poor's falls on the large French public companies - Edf, Rte and Sncf rejected
While the debate on rating agencies rages on in Europe, following the downgrades of nine eurozone countries and the EFSF in recent days, the ax of Standard & Poor's it does not stop and continues to hit France, following the cut of the sovereign debt rating.
Indeed it is today's news the downgrading of Edf's rating (Electricité de France) and of Rte (electric transport network), pass from AA- to A+, And sNCF (the French railway company) from AA+ to AA.
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