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Posts Tagged ‘Standard&Poor’s’

10 Nov

Standard&Poors made big mistake

Today, Standard&Poors have discredited France for a while by taking their top rating AAA
and downgrading it to AA. According to Standard&Poors, this was the result of a technical
issue where an automated system did not report proper values for France related to its
actual credit rating. France itself has started investigating in this case also.

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November 10, 2011Netspark No Comments »
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FILED UNDER :Economy&Finance , News
TAGGED WITH :bad , economy , france , rating , reputation , Standard&Poor's , USA

20 Sep

Italy in the crisis…?

Today, Standard&Poors has lowered the Rating for Italy from A+ to A-1 as it thinks,
Italy will also run into big debt problems. While Berlusconi has yet ratified another
54.2 billion Euro savings plan, Standard&poors doubts that Italy will consequently
follow the plan. A high unemployment rate, low invests from other countries…

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September 20, 2011Netspark No Comments »
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FILED UNDER :Economy&Finance , News
TAGGED WITH :agency , euro , rating , Standard&Poor's , USD