The World from Berlin 'No One in Lisbon Anticipated This Stab in the Back'

European politicians are outraged by Moody's decision to downgrade ratings on Portuguese government securities to junk status. There are new demands for the influence of ratings giants to be limited. Editorialists at German newspapers on Wednesday aren't sure where to point the blame.
An uphill road in Lisbon: The decision by Moody's to downgrade Portugal's rating will further complicate the debt-strapped country's ability to raise fresh funds.

An uphill road in Lisbon: The decision by Moody's to downgrade Portugal's rating will further complicate the debt-strapped country's ability to raise fresh funds.

Jan Woitas/ dpa
-- SPIEGEL Staff, with wires