Europe plans crackdown on credit rating agencies

The European Commission today unveiled plans to crack down on credit rating agencies as part of sweeping plans for tighter supervision of financial markets.

Europe plans crackdown on credit rating agencies

The European Commission today unveiled plans to crack down on credit rating agencies as part of sweeping plans for tighter supervision of financial markets.

A handful of global agencies with power to downgrade the economic status of nations have come under fire for triggering investor panic and destabilising recovery efforts.

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