'Completely Exaggerated' EU Leaders Angry at Standard and Poor's Ratings Warning

Ratings agency Standard and Poor's has piled pressure on EU leaders to come up with a deal to save the euro, warning that it may downgrade 15 of 17 euro-zone countries -- including powerhouse Germany. EU politicians have criticized the move. But the agency on Tuesday added that it may downgrade the euro bailout fund as well.
Ratings agency Standard & Poor's heaped on the pressure on Monday and Tuesday.

Ratings agency Standard & Poor's heaped on the pressure on Monday and Tuesday.

Foto: YIORGOS KARAHALIS/ Reuters
cro -- with wire reports