Standard &Poor’sR atingsServiceslow ered itsoutlook on France’sA A creditratingtonegativefrom stableFriday，castingdoubt ontheeffectiveness of President FranoisH ollande’s flagshippolicies andw arningthatpublicfinancesm ay deteriorateaseconom icgrow thdisappoints.

　　標(biāo)準(zhǔn)普爾評(píng)級(jí)服務(wù)機(jī)構(gòu)10日將法國(guó)A A主權(quán)信用評(píng)級(jí)展望由穩(wěn)定下調(diào)至負(fù)面，對(duì)法國(guó)總統(tǒng)奧朗德的核心政策的有效性提出質(zhì)疑，并警告在經(jīng)濟(jì)增長(zhǎng)放緩的同時(shí)公共財(cái)政狀況可能惡化。(《華爾街日?qǐng)?bào)》)

　　“W e believe that，due topolicyim plem enta-tionriskrelatedtothebudgetaryconsolidationandstructural reform s，a recoveryof the Frencheconom ycouldprove elusive andthat France’spublic finances m ight deterioratebeyond2014，althoughthis is not our base-casescenario，”itsaidina statem ent.

　　“我們相信，因與鞏固預(yù)算和結(jié)構(gòu)性改革相關(guān)的政策實(shí)施可能存在風(fēng)險(xiǎn)，法國(guó)經(jīng)濟(jì)復(fù)蘇前景不明，其公共財(cái)政在2014年之后可能惡化，盡管這并非我們的基本判斷，”標(biāo)普在聲明中表示。(路透社)

　　T hechangeintheoutlook com esastheFrench governm ent itself acknow ledgesthatw eak econom icgrow th hasunderm ined itsbudget plansandthebudget deficit w ill runhigher thanprom isedearlier this year.

　　此次標(biāo)普對(duì)法國(guó)評(píng)級(jí)展望作出調(diào)整，正值法國(guó)政府承認(rèn)經(jīng)濟(jì)增長(zhǎng)疲弱影響了預(yù)算方案、預(yù)算赤字將高于今年早些時(shí)候承諾的水平之時(shí)。(《華爾街日?qǐng)?bào)》)

　　O fficial figuresfrom theB ank of Franceshow edthat theFrencheconom ydidnot growat all inthesecondquarter，andfor thethirdquarter it is forecastinggrow thof 0.2%.

　　法國(guó)央行的官方數(shù)據(jù)顯示，二季度法國(guó)經(jīng)濟(jì)出現(xiàn)零增長(zhǎng)，預(yù)計(jì)三季度將增長(zhǎng)0.2%。(英國(guó)廣播公司)

　　T heFrench governm ent confirm edat thestart of them onth that it w ouldnot cut itspublic deficit as fast as it hadprom isedits EUpartnersduetow eaker thanexpectedgrow thandinflation. T hegovernm ent now expects thedeficit tofall inline w ithanEU -m andatedtar-get of 3percent of econom ic output in2017in-steadof 2015as previouslyprom ised.

　　法國(guó)政府本月初證實(shí)，由于經(jīng)濟(jì)增長(zhǎng)和通脹水平不及預(yù)期，其將不會(huì)以此前向歐盟承諾的速度來(lái)削減公共財(cái)政赤字。目前，法國(guó)政府預(yù)計(jì)財(cái)政赤字將于2017年達(dá)到歐盟規(guī)定的占經(jīng)濟(jì)產(chǎn)出的3%的目標(biāo)，而非此前承諾的2015年。(路透社)

　　S& P projects that the Frenchgovernm ent’s deficits w ill average4.1% betw een2014and2017—com pared to 3 .2% asof A pril thisyear—w hile econom ic grow thw ill average just1.2% duringthat sam etim efram e，agrow thprojectionthat is 0.1% low er thantheir priorforecast.

　　根據(jù)標(biāo)普的預(yù)計(jì)，2014年至2017年間法國(guó)政府的財(cái)政赤字將平均占國(guó)內(nèi)生產(chǎn)總值的4.1%，高于4月份預(yù)計(jì)的3.2%；同時(shí)期的平均經(jīng)濟(jì)增速將僅為1.2%，比此前預(yù)期的增速低0.1%。(《福布斯》)

　　T he further deteriorationof S& P’s assess-m ent of France’s finances com es at adifficultm om ent for M r. H ollande. W ithopinionpollsshow ingheis theleast popular president，theSocialist leader’s governm ent faces oppositionon all sidesto hisplansto repairpublicfinances andbuoythe econom yafter aprolong-edperiodof stagnation.

　　標(biāo)普此次進(jìn)一步調(diào)低對(duì)法國(guó)財(cái)政狀況的評(píng)估，正值總統(tǒng)奧朗德的艱難時(shí)期。民意調(diào)查顯示，奧朗德為法國(guó)最不受歡迎的總統(tǒng)。在經(jīng)歷了漫長(zhǎng)的經(jīng)濟(jì)停滯期后，奧朗德領(lǐng)導(dǎo)的社會(huì)黨政府也面臨著各方對(duì)其修復(fù)公共財(cái)政、支撐經(jīng)濟(jì)發(fā)展計(jì)劃的反對(duì)。(《華爾街日?qǐng)?bào)》)

　　S& Psaidthat M r. H ollande’s unpopularityandthe vocal oppositiontohis fiscal andecon-om icplansm ayslow dow nactiononfinancesandliberalizinghighlyregulatedareasof theeconom y. T hecountryalreadylacksastrongrecord forcarrying out painful reform s，theratings firm noted.“W e believe that im plem enta-tionrisks persist，”S& Psaid.

　　標(biāo)普表示，奧朗德的不得人心以及外界對(duì)其財(cái)政經(jīng)濟(jì)計(jì)劃的反對(duì)可能放慢財(cái)政措施的實(shí)行和對(duì)受到高端監(jiān)管的經(jīng)濟(jì)領(lǐng)域的自由化進(jìn)程。該機(jī)構(gòu)稱，法國(guó)本身缺乏實(shí)施艱苦改革的傳統(tǒng)。“我們相信政策實(shí)施的風(fēng)險(xiǎn)將持續(xù)，”標(biāo)普表示。(《華爾街日?qǐng)?bào)》)

　　F rench F inanceMinisterMichel Sapinreactedquicklytothem ovefrom S& P . Inastatem ent，hesaidFrenchdebt rem ains oneofthesafest andm ost liquidinvestm entsinthew orld . H ealso said thatF rancew ouldn’tchangeitseconom icstrategy.“T heeconom icsituationis w eighingonour budget balances，but thegovernm ent has decidedtosticktoitscourse，”M r. Sapinsaid.

　　法國(guó)財(cái)政部長(zhǎng)米歇爾·薩班對(duì)標(biāo)普的行動(dòng)迅速作出了回應(yīng)。他在一份聲明中稱，法國(guó)債務(wù)仍將是世界上最安全和流動(dòng)性最高的投資之一，并稱政府不會(huì)改變經(jīng)濟(jì)戰(zhàn)略。“經(jīng)濟(jì)狀況給預(yù)算平衡帶來(lái)了壓力，但政府已決定堅(jiān)持既定路線，”薩班稱。(《華爾街日?qǐng)?bào)》)

　　S& P w asthefirstof thethreem ajorratings firm s tostripFrance of the toptriple-Arating in January 2012，justbefore Mr.H ollandecam eto office. Sincethen，bothM oody’s Investors ServiceandFitch R atingshave follow edsuit andS& P dow ngradedFranceagaininN ovem ber last year toA A from A A +.

　　2012年1月，就在奧朗德執(zhí)政前夕，標(biāo)普成為三大國(guó)際評(píng)級(jí)機(jī)構(gòu)中第一個(gè)下調(diào)法國(guó)3A評(píng)級(jí)的評(píng)級(jí)機(jī)構(gòu)。此后，穆迪和惠譽(yù)也紛紛下調(diào)法國(guó)評(píng)級(jí)。去年11月，標(biāo)普進(jìn)一步將法國(guó)評(píng)級(jí)由A A +下調(diào)至A A。(《華爾街日?qǐng)?bào)》) (廖冰清　編譯)