Mixed day for ISEQ as credit ratings cut threatens
Also Ireland, Spain and Portugal are most at risk of credit rating cuts as the global financial crisis batters Europe’s weakest economies, according to insurance conglomerate, ING Group.
Its assessment of 12 economies in the euro region found Germany, the Netherlands and Finland least likely to have their ratings changed, while deteriorating public finances and government guarantees in private banking may weaken the credit profile of other countries, ING said.
