Eurosphere roundup: Standard & Poor’s threat over EU core countries; Merkel & Sarkozy “to discipline the EU”; news from euroblogging…
MAIN FOCUS: Standard & Poor’s threatens bailout fund | 07/12/2011 from euro|topics The US rating agency Standard & Poor’s threatened on Tuesday to downgrade the credit rating of the EFSF bailout fund. Fifteen euro countries are now also having to worry that they may lose their top credit standings. With its move Standard & Poor’s … Read more