VIDEO
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by
Reuters
S&P Issues Warning to Euro Zone
VIDEO DESCRIPTION:
Standard and Poor's placed a negative credit watch on 15 members of the euro zone, citing systemic stresses in recent weeks,
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that of course due to the spreading two-year debt crisis. S&P says tightening credit conditions, higher risk premiums on sovereign debt and political wrangling within the euro zone are the other reasons. Negative credit watch means the countries could see a lower debt rating within 90 days of the warning.
Posted: 12/06/2011
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Views: 278
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Duration: 01:58
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