French Finance Minister Pierre Moscovici on Friday criticized the move by Standard & Poor's to cut France's credit rating, saying it was based on "inaccurate" judgements. In a statement, Moscovici said he regretted "inaccurate criticisms" made by S&P in lowering France's long-term rating by one notch to AA from AA+. He rejected S&P's analysis that support that further fiscal and structural policy reforms in France was weakening. "Never before has a government carried out as many reforms in a so short period of time, in such a challenging environment," he said. Moscovici said French debt "remains among the safest and ... (full story)