EU loses top-tier credit rating (3)

BreakingNews.ie 2013.12.20 11:42
Previous Back to Business Home The Standard & PoorБ─(tm)s rating agency says it has downgraded the European UnionБ─(tm)s credit rating, stripping it of the highest grade of AAA. The agency said a bitter battle over the EU budget and worsening creditworthiness of its members are behind the decision to downgrade the blocБ─(tm)s long-term issuer credit rating to AA+.
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