The
rating agency Moody's changed the rating from the European Financial Stability
Fund for a negative classification, according to the website of the agency.
The
decision comes in the day after Moody's lowered the outlook for the economies
of Germany, the Netherlands and Luxembourg 'stable' to 'negative'.
Moody's
said that these countries (all now have AAAs) are threatened by the problems
facing the euro area, including a possible way out of the euro in Greece.
"Even
if such an event is avoided, there is a probability growing stronger that is
asked for help to other euro-zone countries, notably Spain and Italy”,
considers Moody's, adding that "the burden "should weigh on the
Member States considered as more solvents.
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