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Countdown to Financial Armageddon
Tracking the final days of the debt bubble
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Ratings agency warns euro nations

Ratings agency warns euro nations | Countdown to Financial Armageddon | Scoop.it

Ratings agency Standard and Poor's puts almost the entire eurozone, including Germany and France, on "credit watch" due to the debt crisis.

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S&P sees downgrade blitz in EMU recession, threatening crisis strategy

S&P sees downgrade blitz in EMU recession, threatening crisis strategy | Countdown to Financial Armageddon | Scoop.it

Standard & Poor's (S&P) is to warn that a double-dip recession in Europe would imperil France's AAA rating and set off a string of downgrades across Southern Europe, undermining the EU's debt crisis strategy.

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