Fitch affirms France's rating at AAA, thereby remaining the only one of the Big Three agencies...

|By:, SA News Editor

Fitch affirms France's rating at AAA, thereby remaining the only one of the Big Three agencies not to downgrade the country's debt. However, Fitch maintains France's outlook at negative and says the chance of a future cut is over 50%. The firm raises its forecast for France's 2014 debt-GDP ratio to 94% from 92% and warns that the new number is "at the limit" for a country with the highest rating.