The Globe & Mail
Story Spain's economy Minister Luis de Guindos told reporters Monday before going into Parliament to discuss the rescue package for the banks that Spain would not need a bailout and said the intense market pressure was due to uncertainty over the...
Channel NewsAsia
Top rated Germany, Europe's paymaster, faced the prospect Tuesday of a damaging downgrade as Moody's warned that problems in Spain and Italy made the eurozone debt crisis even more dangerous. Cutting Germany's rating outlook to 'Negative' from '...
Independent
S AAA credit rating was put under threat on Monday night after a day of turmoil across the global markets. Moody's warned the outlook for the ratings of Germany, Luxembourg and the Netherlands is negative because the threat of a Greek exit from the...
BBC
The European Central Bank should use its mandate on inflation to intervene in the Eurozone, according to Jim O'Neill, chairman of Goldman Sachs asset management. Speaking on the programme, Mr O'Neill said that this approach was the only alternative...
The Courier-Mail
Tuesday morning, Frankfurt's DAX 30 edged up 0.02 per cent to 6,420.82 points and in Paris the CAC 40 climbed 0.42 per cent to 3,114.85. Positive Chinese data has helped offset ratings agency Moody's decision to lower its outlook on Germany, traders...
Mail Online UK
24 July 2012 Moody's took the first step toward stripping Germany of its coveted AAA credit rating yesterday by cutting the outlook for Europe's largest and most pivotal economy to 'negative.' Delivering a stark warning that no one is immune from the...