In November, [i]the Economist[/i] sparked accusations of sensationalism    held together by a French tricolour with a lit fuse protruding from the   centre. 
The newspaper raised concerns that President Francois Hollande's economic   reforms,[url=http://www.ralphlaurencheapus.com]ralph lauren outlet[/url], including a budget that aims to recoup &euro;30bn for the public purse,   were not ambitious enough and so could jeopardise the future of the euro   currency. 
"Unless Mr Hollande shows that he is genuinely committed to changing the   path his country has been on for the past 30 years,[url=http://www.polouscheaps.com]ralph lauren outlet[/url], France will lose the   faith of investors—and of Germany,[url=http://www.cheapgucchandbagsoutletus.com]gucci shoes[/url]. As several euro-zone countries have   found, sentiment in the markets can shift quickly,[url=http://www.ralphlaurencheapus.com]ralph lauren polo[/url]," . 
However,[url=http://www.ralphlaurencheapus.com]polo ralph lauren outlet[/url], Prime Minister Jean-Marc Ayrault denounced the cover. "I can   tell you that France is not at all impressed," he told French TV. 
Christian Noyer, France's central bank governor has also criticised Britain's   fiscal credibility. 
"The downgrade does not appear to me to be justified when considering   economic fundamentals," Mr Noyer said in an interview with a newspaper   last year. 
"Otherwise, they should start by downgrading Britain which has more   deficits,[url=http://www.cheapminibootssonsaleuk2.co.uk]ugg boots[/url], as much debt, more inflation, less growth than us and where credit   is slumping."
Many economists expect Britain to lose its top rating this year. 
Howard Archer at IHS Global Insight said a loss would be "an   embarrassment for the government given the emphasis it has frequently placed   in the past on keeping the AAA rating,[url=http://www.lvhandbasoutletcheap.com]louis vuitton outlet online[/url]."
S&P put the UK&rsquo;s AAA sovereign rating on negative outlook in December,   citing the deterioration in the government debt/GDP trend acknowledged in   the Autumn Statement, the erosion of the government&rsquo;,[url=http://www.c0achoutletusa2.com]coach handbags[/url];s debt target, and risks   of further deterioration if recovery is “delayed and uneven&rdquo;,[url=http://www.polouscheaps.com]polo ralph lauren[/url]; or there is a   “weakening of political commitment to consolidation&rdquo;,[url=http://www.lvhandbasoutletcheap.com]louis vuitton outlet[/url];. 
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