EU does not like rating agencies any more… a Euro roundup
MAIN FOCUS: EU attacks rating agencies | 07/07/2011 The downgrading of Portugal’s creditworthiness to junk status by the rating agency Moody’s on Wednesday prompted harsh criticism from European governments and the EU Commission. While some commentators accused the agencies of being irresponsible amid the euro crisis, others thought the EU’s reaction was hypocritical. MAIN FOCUS: … Read more