The question all the rage everybodys mind is, Does Germany obtain downgraded, and does France lose solitary or else two notches? S&P warned all the rage December with the aim of it was reviewing the prestige rating of 15 of the eurozones 17 affiliate countries, along with roughly of Europes biggest banks. on behalf of France, a downgrade would raise the governments borrowing expenses by the side of a while the population is already struggling with slowing growth, rising unemployment and other financial woes. with the aim of is putting French President Nicolas Sarkozy all the rage a tough squeeze. Facing a forceful reelection battle voguish April, he is under pressure to commit his realm politically and financially to propping up the eurozone even having the status of Frances countrypooo contracts. Comeback countries: coaching intended for the eurozoneGrand illusion: Why Europe must question wisdom of austerityInvestor panic puts Italy on the precipice intended for Europe in the role of a totality, a French downgrade would coagulate rancid fresh fears with the purpose of monetary contagion is dispersal across the regions biggest economies and delay pains to halt the craze. in place of example, a dent during Frances position rating additionally would raise the borrowing expenditure of the European fiscal Stability collection, the rescue flair being counted on to bail available the eurozones nearly everyone troubled economies.