AAA rating

Ok so France has lost its AAA rating and M. Sarkosy is not happy about it....but what exactly does this mean for us brits?? Is it good for the exchange rate and what could happen if the euro was to collapse?????

OK Catherine, will try and find it....Thanks

Hi Maria

Just seen that someone has started a similar thread in the forum so you might find an answer there - no point me answering as I have no idea!