France and Germany 'facing credit downgrades'

Ratings agency Standard and Poors (S&P) is preparing to downgrade the AAA status of France and Germany, according to reports.

France and Germany 'facing credit downgrades'
Mon, 05 Dec, 2011 - 20:34

Ratings agency Standard and Poors (S&P) is preparing to downgrade the AAA status of France and Germany, according to reports.

According to the Financial Times, S&P will warn six of the top-rated Eurozone countries that they risk losing their AAA standing in the next 90 days.

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CourtsBusinessEurozonePlace: NetherlandsPlace: AustriaPlace: FinlandPlace: LuxembourgPerson: presidentPerson: Nicolas SarkozyPerson: Angela MerkelOrganisation: FranceOrganisation: GermanyOrganisation: Standard and PoorsOrganisation: S&POrganisation: Financial TimesOrganisation: EurozoneOrganisation: European Union
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