France vows economic reforms to continue after debt downgrade

France will go ahead with structural reforms to overhaul its economy after credit ratings agency Fitch downgraded the country's debt worthiness, Finance Minister Bruno Le Maire told on Saturday.

Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday, claiming the country's "fiscal metrics are weaker than peers".The minister vowed to accelerate the reduction of France's debt, to reduce the deficit and make faster cuts to public expenditure.