Standard & Poor's rating agency is likely to change the outlook on the French top credit rating in the coming next days, according to the French newspaper La Tribune.
An S&P's spokesman located in Paris said the agency provided no comments regarding the rumors, while another spokesman refused to give comments on the report, raising fears in the market that the rating agency is likely to downgrade the French triple-A rating.
It -cutting the French outlook- could happen within a week, perhaps 10 days, La Tribune quoted a diplomatic source.
French Finance Minister, Francois Baroin told France Info radio that everyone is concerned, not just France. It's all the euro zone countries, and added that France is not an island or economically cut off from the world. It depends on different parts of the euro zone for a large part of its economic activity and that's why we are, to a large extent, clear-sighted on the crisis.