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EU rating outlook lowered to negative

Moody’s has lowered its outlook for the European Union’s triple A rating outlook to “negative” due to weakening creditworthiness of the bloc’s biggest members. Earlier this year, Moody’s put ratings of Germany, France, Netherlands and the UK on a negative

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Spain Pushed Closer to Eurozone Bailout

With Spain’s borrowing costs rising, investors’ worries are deepening and fears of Spain asking for levitra tablets australia a full bailout are growing. To avoid a full bailout, leaders called for the immediate implementation of measures agreed last month, which include aid directed

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15 major banks downgraded by Moody’s

Credit ratings agency Moody’s has downgraded 15 global banks and financial institutions. Moody’s based their decision on the bank’s exposure to volatility in the world’s financial markets and risk of outsized losses. According to John Raymond the senior banking analyst

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