S&P May Cut France Rating Outlook to Negative: Report
![France's President Sarkozy walks on stage at a ceremony for winners of the competition for the Best French workers at the Elysee Palace in Paris](https://d.ibtimes.com/en/full/80682/france039s-president-sarkozy-walks-stage-ceremony-winners-competition-best-french.jpg?w=736&f=638b0344ead09706ffff08e4ca43b6ed)
(REUTERS)-Credit rating agency Standard & Poor's could change the outlook for France's triple-A rating to negative within the next 10 days, a French newspaper reported on Monday, citing several sources. Such a move would signal a possible downgrade.
La Tribune said on its Web site that S&P had planned to make the announcement last Friday but postponed it for unknown reasons.
France's ratings outlook is currently stable but there have been rumors for months of a possible downgrade by one or more of the ratings agencies.
An S&P spokesman in Melbourne declined to comment on the report.
(Reported by Cecile Lefort in SYDNEY; Editing by Wayne Cole and Mark Bendeich)
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