Temporary Prohibition EU Considers Ban on Country Ratings

Ratings agency forecasts are throwing entire countries into financial crises by driving up interest rates on bonds. Now the EU is considering a ban on ratings for countries that are in the process of negotiating economic bailout packages.
Rating agencies like Standard & Poor's could soon face restrictions on forecast reports issued on EU member states.

Rating agencies like Standard & Poor's could soon face restrictions on forecast reports issued on EU member states.

Foto: DPA
dsl -- with wires