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Moody’s downgrades EU financial support funds after France loses top grade

Saturday, December 1st 2012 - 07:00 UTC
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Moody's Ratings agency announced it has downgraded the European Stability Mechanism (ESM) and European Financial Stability Facility (EFSF) from “Aaa” to “Aa1,” with negative outlook on each. Read full article

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  • ChrisR

    European Central Bank President Mario Draghi has NO idea how to deal with the basket case that is the Eurozone and the EU>

    Britain needs to leave the ship NOW because the water is now up to the gunwhales.

    The next step is to go straight to the bottom.

    Dec 04th, 2012 - 05:17 pm - Link - Report abuse 0

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