Showing posts with label European Financial Stability Facility (ESFS). Show all posts
Showing posts with label European Financial Stability Facility (ESFS). Show all posts

November 21, 2012

France is Downgraded, Europe Goes 'From Bad to Worse'

It was bad news for France, but probably worse news for France’s neighbors: Late on Nov. 19, Moody’s Investors Service (MCO)stripped Paris of its AAA bond rating.