May 2, 2012

France prior to removal of the top credit rating



France loses reportedly due to the debt crisis in the credit rating agency Standard & Poor's (S & P) its top AAA credit rating. The television station reported, citing several French government Parisian circles.


Germany escape as another country with the top AAA credit rating downgrades of, it was in EU circles. The Netherlands, Luxembourg and Belgium are thus retain their previous marks.

However, Germany is apparently soon be the only large country with a € Topbonität: In addition to France and Austria threatens to lose its AAA rating, the Financial Times wrote on Friday, citing an unnamed official. That would increase pressure on Europe in the debt crisis. The worse the credit rating, the more difficult and expensive it is for European countries to borrow money on the capital market.

On the stock markets plummeted, the courses: The Dax fell by more than two percent, the euro slipped to $ 1.2687 from up, down about two cents below its intraday high.

Even on Wall Street, it went down: After his five-month high the previous day, the Dow Jones fell by almost one percent.

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