Posted by Reuters: Business News on January 17, 2012
BRUSSELS (Reuters) – Political resistance is clashing with financial imperatives as the euro zone tries to strengthen its capacity to rescue debt-stricken member states after Europe’s temporary bailout fund lost its top-notch credit rating.
Posted by Reuters: Business News on January 16, 2012
BRUSSELS (Reuters) – U.S. rating agency Standard & Poor’s cut its credit rating of the euro zone’s EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks if it is to avoid an unruly default.
Posted by Reuters: Business News on
BRUSSELS (Reuters) – U.S. rating agency Standard & Poor’s cut its credit rating of the euro zone’s EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks if it is to avoid an unruly default.
Posted by Reuters: Business News on
BERLIN/MADRID (Reuters) – Germany, the only major euro zone member to retain a top-notch credit rating, refused on Monday to consider boosting the bloc’s rescue fund, while Greece was under pressure to urgently break a deadlock in debt swap talks if it is to avoid an unruly default.
Posted by Reuters: Business News on January 15, 2012
NEW YORK (Reuters) – U.S. stock investors will return to a tug of war between signs of domestic strength and overseas concerns this week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region’s difficulties in view.
Posted by Reuters: Business News on January 14, 2012
BRUSSELS (Reuters) – France risks another downgrade of its sovereign credit rating if its public debt and budget deficit deteriorate further, Standard & Poor’s said on Saturday, a day after it cut the country’s top-notch AAA rating by one notch to AA+.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region’s difficulties in view.
Posted by Reuters: Business News on
PARIS (Reuters) – The loss of France’s much-prized triple-A credit rating three months from elections that will likely hinge on the handling of the economy is a bitter blow for French President Nicolas Sarkozy, who had made the top-notch grade a badge of honor.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock investors will return to a tug of war between signs of domestic strength and overseas concerns next week as a batch of critical earnings reports look to add credence to the idea the economy is improving, while credit rating downgrades in Europe will keep that region’s difficulties in view.
Posted by Reuters: Business News on January 11, 2012
LONDON (Reuters) – The worst is yet to come in the euro zone’s debt crisis but the currency union will survive 2012 intact, according to a Reuters poll of economists who say France will probably lose its top-notch credit rating.
