|
|
Blog Archive ? S&P sees downgrade blitz in EMU recession, threatening crisis str -- expats
| Blog Archive ? S&P sees downgrade blitz in EMU recession, threatening crisis str By Ambrose Evans-Pritchard 20-Oct (The Telegraph) - The EU-IMF bail-out machinery would require an extra '250bn or more to stabilize eurozone debt markets, forcing Germany and EU's creditor states to vastly increase rescue commitments. The report, due Friday, said a double-dip recession would lead to a downgrade of "one or two notches" for France, Spain, Italy, Ireland and Portugal, both because of tumbling tax revenues and the extra costs of propping up banks. The scenario looks increasingly.The above is a snippet from a post in the USAGOLD News and Views RSS Feed. The link below is for the full post: |
Reply Options Share your opinions, advice, questions or comments on this post. | Be Heard: RSS Feed Digest reply options: We encourage everyone to share their opinions, comments, thoughts and information, please consider sharing... Please register or login in to reply to this post: It is quick, easy and offers many advantages when using our site. |
Social NetworkingShare this with your friends on facebook, twitter and Google+ | | Social sharing because it feels good:
| |
|
RelatedSome related posts that may be of interest to you. | Related posts: Related posts on other sites: |
If you would like to add your interests, services and/or notes here, you can register and login with the link at the top of the left column. This page will refresh and the link to set your interests will appear in the left menu.
|
