The World from Berlin 'The Substance of What S&P Is Saying Is Quite Right'

On Tuesday, Standard & Poor's warned that six AAA-rated euro-zone countries could soon be facing a downgrade. For most German newspaper editorialists, the news comes as no suprise given the recent negative developments in the euro zone. However, some believe it could give a needed push to European leaders to take big decisions in Brussels this week.
Von SPIEGEL ONLINE Staff
A cardboard cutout stands near Paris' La Defense financial district. S&P warned Tuesday that the six AAA-rated euro-zone countries including France and Germany could be downgraded.

A cardboard cutout stands near Paris' La Defense financial district. S&P warned Tuesday that the six AAA-rated euro-zone countries including France and Germany could be downgraded.

Ian Langsdon/ dpa