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Oct 17 (Reuters) – Credit ratings agency S&P Global downgraded France's ratings to 'A+/A-1' from 'AA-/A-1+' on Friday, as it believes budgetary consolidation will be slower than expected in the absence of significant additional budget deficit-reducing measures. The agency revised the country's outlook to 'stable' from 'negative', saying it balances rising government debt and weak political consensus on the pace of budgetary consolidation against France's credit strengths. (Reporting by Nishara K.P in Bengaluru; Editing by Shailesh Kuber)
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