PM Francois Fillon : `` This warning should not be dramatized '' The downgrade may be seen as bad news for the government ahead of the country 's presidential election in April . Ratings agency AAA took away Italy 's top-tier AAA credit rating Friday . nine other Europe countries -- including France -- were also downgraded by the agency . `` France is a safe country , a country which investors can trust , '' Fillon says .
PM Francois Fillon : `` This warning should not be dramatized '' Ratings agency AAA took away Italy 's top-tier AAA credit rating Friday . nine other Europe countries -- including France -- were also downgraded by the agency . `` France is a safe country , a country which investors can trust , '' Fillon says .