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JAKARTA, MAKE MONEY BLOG $ - Ratings agency Moody's Investors Service downgraded the long-term debt rating to negative European Union. This reflects the risks faced by Germany, France and the United Kingdom whose earnings reached 45 percent of total revenue in the European region.
As reported by Bloomberg, on Tuesday (04/09/2012), long-term debt of the European Union lowered from stable to Aaa. The statement was issued in Frankfurt, Germany, yesterday. In a statement, according to Moody's changes reflect a negative picture of the member states of the European Union are a great contribution to the EU budget. Debt of these countries is strongly correlated. So, when they are affected by the debt crisis in the region, its influence varies.
German Chancellor Angela Merkel said Germany should show solidarity with Europe. He also indicated it would be more active to fight the crisis via the European Central Bank. One of them, by supporting the purchase of government securities ailing economies, such as Spain and Italy.
Editor: Rusdi Amral
source: kompas.com
please give me comments thanks
As reported by Bloomberg, on Tuesday (04/09/2012), long-term debt of the European Union lowered from stable to Aaa. The statement was issued in Frankfurt, Germany, yesterday. In a statement, according to Moody's changes reflect a negative picture of the member states of the European Union are a great contribution to the EU budget. Debt of these countries is strongly correlated. So, when they are affected by the debt crisis in the region, its influence varies.
German Chancellor Angela Merkel said Germany should show solidarity with Europe. He also indicated it would be more active to fight the crisis via the European Central Bank. One of them, by supporting the purchase of government securities ailing economies, such as Spain and Italy.
Editor: Rusdi Amral
source: kompas.com
please give me comments thanks
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