Tag: Klaus Regling

• Tuesday, January 17th 2012 - 06:44 UTC

  S&P downgrades the European Stability Facility but willing to reconsider

  

  Credit ratings agency Standard and Poor’s downgraded the European Financial Stability Facility (EFSF) from “AAA” to “AA+,” although it does not rule out it would increase it again if it bolsters its funds, according to a communiqué released on Monday.

• Wednesday, November 30th 2011 - 06:00 UTC

  Euro zone ministers looking to the IMF to help boost rescue fund

  

  Euro zone ministers agreed on Tuesday to ramp up the firepower of their rescue fund but couldn't say by how much and raised the possibility of asking the IMF for more help after Italy's borrowing costs hit a Euro lifetime high of nearly 8%.