ECB takes aim at quick-draw rating agencies
BERLIN/VIENNA (Reuters) - European Central Bank policymakers slapped ratings agency Standard & Poor's on the wrist on Friday, accusing it of being too hasty to downgrade Greek debt as they took aim at critics of a rescue package. At the same time, central bankers dismissed speculation they may re-arm their arsenal of stimulus measures after sovereign debt rating downgrades fuelled concerns about possible default.
source: iii.co.uk
No comments:
Post a Comment