Posts tagged as: standard and poor

The Euro crisis receives another blow: S&P re-evaluates the rankings of European countries – Part 1

The Eurozone is attracting opprobrium from every side. On the top, public is raising questions on the economic prosperity of the region, the sides are being attacked by the shortfall of internal consumption and Euro is losing its value at the bottom. However, the Euro countries have recently been attacked at the front by Standard […]

The Euro crisis receives another blow: S&P re-evaluates the rankings of European countries – Part 2

France came down from AAA rating to AA+ while Italy and Spain’s ratings were down two notches, reading even worst news from France. Austria was cut to AA+ from AAA; Cyprus to BB+ from BBB; Italy to BBB+ from A; Malta to A- from A; Portugal to BB from BBB-; the Slovak Republic to A […]

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