Moody’s credit rating

Tuesday, 4 September 2012 12:16

Negative change in the European Union’s debt rating outlook by Moody’s credit rating and warned of the danger of undercutting rating. The rating is justified step that many of the EU’s greatest contributors – France, the Netherlands, Great Britain, Germany – the outlook from stable to negative this year.According to the company for the time being they are AAA-rated countries are highly vulnerable to the effects of the euro crisis, which could reduce the ability of the credit. “Extreme stress” is likely to be the case in its debt repayment would be treated as a priority, rather than compete in the EU for the obligations – the BBC quoted the British public communication channels.These four countries together provide about 45 percent of EU revenue.