-
Fitch Downgrades European Financial Stability Facility to 'AA+'
Fitch Ratings has downgraded the European Financial Stability Facility's (EFSF) guaranteed and long-term debt Long-term rating to 'AA+' from 'AAA'. The EFSF's short-term (less than 12 months contractual maturity) guaranteed debt instruments' Short-term rating has been affirmed at 'F1+'. KEY RATING DRIVERS High Weight The rating actions were prompted by Fitch's downgrade of France's Long-term Issuer Default Ratings (IDRs) to 'AA+'/Stable and the affirmation of its Short-term rating at 'F1+' on 12 July 2013. EFSF's ratings rely on the irrevocable and unconditional guarantees and over-guarantees provided by euro areas ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 15, 2013 12:39pm Jul 15, 2013 12:39pm
- spaceduck
- | Joined Apr 2013 | Status: Super Member | 34 Comments
- Comment #2
- Quote
- Jul 15, 2013 1:06pm Jul 15, 2013 1:06pm
- moonstruck
- | Joined Oct 2012 | Status: Member | 30 Comments
- Comment #3
- Quote
- Jul 15, 2013 1:25pm Jul 15, 2013 1:25pm
- Guest
- | IP XXX.XXX.159.54
- Comment #4
- Quote
- Jul 15, 2013 1:27pm Jul 15, 2013 1:27pm
- holmes
- | Joined Jun 2010 | Status: Member | 306 Comments
- Comment #5
- Quote
- Jul 15, 2013 1:50pm Jul 15, 2013 1:50pm
- moonstruck
- | Joined Oct 2012 | Status: Member | 30 Comments
- Comment #6
- Quote
- Jul 15, 2013 1:55pm Jul 15, 2013 1:55pm
- forexings
- | Joined Sep 2009 | Status: Membership Revokеd | 609 Comments
You cannot learn better without losing