SPIEGEL ONLINE
- November 20, 2012
Moody's on Monday slashed France's top credit rating, becoming just the latest institution to cast doubt on the country's ability to reform its inflexible labor market and boost growth. French President François Hollande has promised change, but markets have yet to be convinced. more...
SPIEGEL ONLINE
- July 25, 2012
It has been a bad week for the euro, and it's only Wednesday. Spanish bond yields are surging on fears that Madrid will need a full bailout, Moody's has cut the outlook for a euro bailout fund and EU officials say Greece is "hugely off track" with reforms. Not surprisingly, German businesses are worried. more...
SPIEGEL ONLINE
- July 24, 2012
The warning by Moody's that Germany could lose its triple-A credit rating may increase Berlin's opposition to further aid packages in the euro crisis. Politicians said the move should serve as a further signal that Germany's ability to help ailing countries is not unlimited. more...
SPIEGEL ONLINE
- July 24, 2012
The debt crisis is threatening Germany's top credit rating. Moody's changed its outlook for Germany, the Netherlands and Luxembourg to negative from stable late on Monday. The German Finance Ministry said the country would remain an anchor of stability in the 17-nation euro zone. more...
SPIEGEL ONLINE
- April 27, 2012
German Chancellor Angela Merkel made it clear on Thursday that she was not prepared to renegotiate the European Union fiscal pact as demanded by French presidential candidate François Hollande. Her comments come as ratings agency Standard and Poor's downgraded Spain two notches. more...
SPIEGEL ONLINE
- April 16, 2012
The project to set up a European rating agency to challenge the dominance of American firms is at risk of collapsing, the German business daily Financial Times Deutschland reported on Monday. International consulting firm Roland Berger can't find enough investors for its plan, the report said. But it hasn't completely given up hope. more...
SPIEGEL ONLINE
- February 16, 2012
Europe may be losing patience with Greece, but politicians in Athens are also growing increasingly sensitive to criticism from abroad. Greek President Karolos Papoulias has now gone public with his frustration over pressure from Germany. On Wednesday night, he gave the German finance minister a tongue-lashing. more...
SPIEGEL ONLINE
- February 14, 2012
The ratings agency Moody's has downgraded six euro-zone members, including Italy, Spain and Portugal, and warned that France, Britain and Austria may lose their triple-A rating. The agency said its decision was based on the "growing risks" caused by Europe's ongoing debt crisis. more... [ Comment ]
SPIEGEL ONLINE
- January 18, 2012
Commerzbank, Germany's second-largest bank, needs even more capital than previously believed, according to reports. The bank may be forced to take emergency steps to tackle the six-billion-euro shortfall. Meanwhile, ratings agency Moody's may downgrade Commerzbank's creditworthiness. more...
SPIEGEL ONLINE
- January 18, 2012
The Germans love a good conspiracy theory. The latest is about the evil American rating agencies that want to destroy the wonderful euro. It is a viewpoint shared even in the highest political circles. But that doesn't make it any less absurd. A Commentary by Stefan Kaiser more...
