08/05/2023 (Agence Europe) – The ‘European Financial Stability Facility’ (EFSF), the predecessor of the ‘European Stability Mechanism’ (ESM), took note on Saturday 6 May of the decision by Fitch Ratings to lower its financial rating by one notch, from AA to AA-, on long-term debt issues only. This decision is the consequence of the decision by the same agency at the end of April to downgrade France’s financial rating, also by one notch from AA to AA-. The EFSF was originally...