Posts Tagged ‘creditworthiness’
Standard & Poors Places Europe on Negative Credit Watch – World Set for Downgrade!?
I find it rather ironic that Standard & Poors placed the EU-17 on negative credit watch on the same day the market provided the strongest one-day positive assessment to peripheral Europe’s sovereign credit outlook since August (borrowing costs were down sharply on Monday). I have no issue with actually conducting a downgrade of the entire…
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