Europe Bailout Fund Loses Top Rating at S&P


The European Financial Stability Facility, the euro area’s bailout fund, lost its top credit rating at Standard & Poor’s after earlier downgrades of France and Austria.
http://www.bloomberg.com/news/2012-01-16/s-p-cuts-efs-facility-to-aa-from-aaa.html

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About bzik2

A beginning central banker with a twist
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