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Rating Changes Ripple Through Bailout Funds

Wall Street Journal Original article ›

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Moody's credit ratings for the European Financial Stability Facility, the EFSF

08/08/2011

Grouped Articles

Bond Buys a Risky Business

Wall Street Journal 08/08/2011

Rating Changes Ripple Through Bailout Funds

Wall Street Journal 07/24/2012

Europe Dims German Outlook

Wall Street Journal 07/25/2012

EFSF S&P ratings downgrade to AA+ from AAA

08/08/2011

The European Financial Stability Mechanism was downgraded by S&P to AA+ on Feb. 16, 2012. This is the bailout fund in the eurozone financial crisis.

Grouped Articles

Bond Buys a Risky Business

Wall Street Journal 08/08/2011

S&P Cuts Rating on Europe's Bailout Fund

Wall Street Journal 01/17/2012

Questions Mount for Europe Bailout Fund

Wall Street Journal 01/17/2012

Euro Crisis Calls for Mix of Moves

Wall Street Journal 05/26/2012

Bank-Bailout Lessons

Wall Street Journal 06/01/2012

Rating Changes Ripple Through Bailout Funds

Wall Street Journal 07/24/2012

Rescue of Spain's banks with a $125 billion committment from the European Financial Stability Facility (EFSF)

02/25/2010

EU finance ministers persuaded Spain to borrow from the EFSF and place the money in a special fund intended to recapitalize its banks. The IMF will provide some oversight over the banks but no conditions or oversight will be imposed on Spain only on its banking system as a compromise. Problems in the banking system arise from a housing bubble in Spain and failing cajas savings banks. Spain has already committed to adhering to fiscal deficit targets on a longer term basis with the EU. This makes it a rescue of the banks more than a bailout of the kind deisgned for Greece, Ireland and Portugal.

Grouped Articles

Bond Buys a Risky Business

Wall Street Journal 08/08/2011

A Warning Light to Alert the I.M.F.

New York Times 09/21/2011

The Pain in Spain Falls Mainly on the Cajas

BusinessWeek 02/25/2010

Spain's cajas: Unholy mess

Economist 05/29/2010

Spain's Bankia Returns to Profit

Wall Street Journal 02/04/2014

Spain requests bailout help - The Washington Post

Washington Post 06/10/2012

Greece: EU, ECB, and EFSF negotiations for a selective default in July 2011

04/19/2010

Grouped Articles

Weber Sees Greece Needing More Aid

Wall Street Journal 04/19/2010

Greece Defaults on IMF Loan Despite New Push for Bailout Aid

Wall Street Journal 07/01/2015

Euro Zone Moves Toward Greek Deal

Wall Street Journal 07/21/2011

Europe Must Choose Currency or Financial Union

New York Times 07/21/2011

Greece Gets New Bailout as U.S. Nears Brink

Wall Street Journal 07/22/2011

A Guide to the New Deal in Athens: How a 'Selective Default' Works

Wall Street Journal 07/22/2011


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