About: credit rating

Euro & Finance 03-12-2013

EU threatens action against credit rating agencies

The "Big Three" agencies that rate European Union government debt could be fined after failing to fix poor practices from the past, the sector's regulator said on Monday (2 December).
Euro & Finance 01-03-2012

EU lawmakers wary over banning sovereign ratings

Banning credit ratings on European Union sovereign debt would be a step too far and fail to row back the financial sector's heavy reliance on ratings, EU lawmakers said on Wednesday (29 February).
Euro & Finance 19-10-2011

Spain downgrade ups pressure on EU to act

A double-notch downgrade to Spain's credit ratings yesterday (18 October) has put more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.
Euro & Finance 05-10-2011

Moody’s slashed Italy credit rating

Moody's lowered its rating on Italy's bonds by three notches on Tuesday (4 October), saying it saw a "material increase" in funding risks for euro zone countries with high levels of debt and warning that further downgrades were possible.