France

Rating agency Moody's has issued a warning on France's AAA-credit rating, saying it may downgrade its outlook for the country based on its overstretched budget.

The FTSE 100 was 1.3% lower this morning after slowing Chinese GDP data and a Moody's warning over France's AAA-rating weighed on sentiment.

Eurozone banks may have to raise €200bn to boost their capital reserves under a proposal from the European Banking Authority (EBA).

Managers fear France could be the next European nation in line for a downgrade as it steps in to support beleaguered bank Dexia.

French bank shares have dropped after ratings agency Moody's downgraded two institutions due to their exposure to the eurozone debt crisis.

French regulators have failed in an attempt to extend the short-selling ban to major European stock markets, allowing investors to bet on further falls in financial stocks, the FT reports.

France's AAA credit rating is "stable" said ratings agency Standard & Poor's, a week after rumours hit the market the country is facing a downgrade.

Both Germany and France have ruled out common eurozone bonds as a solution to the bloc's debt crisis, the FT has reported.

France has reported annualised GDP growth of zero in the second quarter, raising concerns over the government's ability to meet its financial targets.

As the US continues to teeter on the brink of default, France has been dragged into the global financial crisis and Germany warns the Greek bailout was a one-off…we bring you all the top stories from the nationals.