Standard & Poor – The European Union Times ⚡ Shocking Hidden News Reports ⚡

Credit markets close doors to Spain as banking crisis grows

EU Times — Wed, 06 Jun 2012 17:50:32 +0000

The Greek stock market has plummeted 5.9 percent after Standard & Poor’s credit rating agency warned that the country has a one-in-three chance of leaving the eurozone. The minister made the remarks on Tuesday, admitting that Spain’s high borrowing costs have shut out bond markets at a time when the country seeks to refinance its […]

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S&P Downgrades EU Credit Ratings

EU Times — Fri, 13 Jan 2012 22:04:19 +0000

Standard & Poor’s has downgraded the credit ratings of France, Italy, and Spain, as the European debt crisis continues to intensify. According to French government sources, the ratings agency has downgraded the country’s Triple-A credit rating, while downgrading Italy and Spain’s ratings as well. Italy’s credit rating was cut by S&P by two notches to […]

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American credit rating to be downgraded again

EU Times — Tue, 25 Oct 2011 15:50:41 +0000

Only three months after Standard & Poor’s downgraded America’s credit rating, the other two top agencies — Moody’s and Fitch — could be considering a downgrade of their own in the very near future. This news comes from a report out of one of the biggest names in the banking industry, Bank of America Merrill […]

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Italy Downgraded from A+ to A by S&P

EU Times — Fri, 23 Sep 2011 09:09:15 +0000

Standard & Poor’s drops credit rating to A from A+, blaming sluggish economy and ineffective government reforms. Italy has had its sovereign credit rating cut by Standard and Poor’s, with the ratings agency keeping the country’s outlook on negative in a surprise move that may add to contagion fears in the debt-stressed eurozone. Italian prime […]

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US government loses triple-A credit rating

EU Times — Sat, 06 Aug 2011 22:42:05 +0000

The US has lost its top-level triple-A credit rating for the first time since 1917, after Standard & Poor’s downgraded it to an AA-plus, with an even lower AA rating on the horizon. The decision comes after the White House and lawmakers reached an agreement over raising the debt ceiling that Standard & Poor’s says […]

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