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France/Germany/Euro Area/credit rating

Published on December 7, 2011
Joint Franco-German communiqué¹

Paris, December 5, 2011

France and Germany take note of the perspective of a review by Standard and Poor’s of the credit rating of several Euro Area member states.

France and Germany reaffirm that the proposals they made jointly today will reinforce the governance of the Euro Area in order to foster stability, competitiveness and growth.

France and Germany, in full solidarity, confirm their determination to take all the necessary measures, in liaison with their partners and the European institutions to ensure the stability of the Euro Area./.

(1) Source of English text: Elysée website

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