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6 European Nations Get Downgrades

New York Times Original article ›

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Credit Ratings firms and the U.S. and Eurozone financial crisis of 2010-2012

12/08/2009

Criticism of credit ratings firms. European commissioner Barnier calls for banning credit raings on countries receiving financial aid after Moody's strongly downgraded Protugal's debt ratingin July 2011. The problems of credit ratings being very pro-cyclical and the need to reduce the role of ratings in the market and regulatory framework in Europe.

Grouped Articles

ECB Chief Seeks Tighter Fiscal Union

Wall Street Journal 06/22/2010

What Crisis? Big Ratings Firms Stronger Than Ever

Wall Street Journal 03/10/2016

Ratings Gag Is No Joking Matter

Wall Street Journal 07/12/2011

Debt Raters Avoid Overhaul After Crisis

New York Times 12/08/2009

Credit Ratings Retreat

Wall Street Journal 07/23/2011

S&P downgrades U.S. credit rating for first time - The Washington Post

Washington Post 08/06/2011

Portugal's credit ratings

07/05/2011

Grouped Articles

Portugal on Road to Recovery Post-Bailout, But Scars Remain

Wall Street Journal 07/20/2015

Shares and the Euro Decline on Portugal Downgrade

New York Times 11/24/2011

Portugal Borrowing Costs Hit New Highs

Wall Street Journal 01/31/2012

Lisbon Losing Control of Financial Destiny

Wall Street Journal 01/31/2012

As Talks in Greece Continue, Investors Now Worry About Portugal

New York Times 02/01/2012

6 European Nations Get Downgrades

New York Times 02/13/2012

The EU and credit ratings agencies

11/16/2011

Grouped Articles

Rating Firms Steer Clear of an Overhaul

Wall Street Journal 05/12/2013

The Stone Unturned: Credit Ratings

New York Times 03/22/2014

S. & P. E-Mails on Mortgage Crisis Show Alarm and Gallows Humor

New York Times 02/05/2013

What Crisis? Big Ratings Firms Stronger Than Ever

Wall Street Journal 03/10/2016

Plans to Tighten Rules On Credit Firms Stalled

Wall Street Journal 11/16/2011

Ratings Firms Misread Signs of Greek Woes

New York Times 11/29/2011

Why Portugal is different from Greece in 2012-2013, and yet may find its debt unsustainable as the economy shrinks- the situation in 2012-2013

04/30/2010

Portugal is taking vigorous steps without social unrest, including spending cuts that will stabilize the deficit, labor reform, and increasing exports through trading links to Africa and Latin America. Portugal needs to borrow about 10 billion euros in 2012 and the ratings downgrade has hurt Portugal by raising rates on new borrowing to about 20%. The economy is expected to shrink by 3% in 2012.

Grouped Articles

Ratings Gag Is No Joking Matter

Wall Street Journal 07/12/2011

Greece Gets New Bailout as U.S. Nears Brink

Wall Street Journal 07/22/2011

Portugal Returns to Bond Market

Wall Street Journal 05/08/2013

Idea of Euro Exit Finds Currency in Portugal

Wall Street Journal 05/27/2013

The Next Global Problem: Portugal

New York Times 04/30/2010

Portugal Emerges From Recession

Wall Street Journal 08/15/2013


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