A homeless begs next to a bank of ATM's in Paris, Tuesday, Nov. 20, 2012 as France's government shrugged off the latest downgrade of its credit rating, saying Tuesday that it just needs time for reforms to the sluggish economy to take root. In a setback for President Francois Hollande's Socialist government, Moody's Investors Service stripped Europe's No. 2 economy of it of its prized AAA credit rating late Monday on concerns that its rigid labor market and exposure to Europe's financial crisis were threatening its prospects for economic growth. (AP Photo/Francois Mori)

Associated Press
A homeless begs next to a bank of ATM's in Paris, Tuesday, Nov. 20, 2012 as France's government shrugged off the latest downgrade of its credit rating, saying Tuesday that it just needs time for reforms to the sluggish economy to take root. In a setback for President Francois Hollande's Socialist government, Moody's Investors Service stripped Europe's No. 2 economy of it of its prized AAA credit rating late Monday on concerns that its rigid labor market and exposure to Europe's financial crisis were threatening its prospects for economic growth. (AP Photo/Francois Mori)
A homeless begs next to a bank of ATM's in Paris, Tuesday, Nov. 20, 2012 as France's government shrugged off the latest downgrade of its credit rating, saying Tuesday that it just needs time for reforms to the sluggish economy to take root. In a setback for President Francois Hollande's Socialist government, Moody's Investors Service stripped Europe's No. 2 economy of it of its prized AAA credit rating late Monday on concerns that its rigid labor market and exposure to Europe's financial crisis were threatening its prospects for economic growth. (AP Photo/Francois Mori)
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