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“Eurozone On Stable Ground”
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Published: December 1, 2012; 19:09 ♦ (Vindobona)
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Austria´s Minister of Finance Maria Fekter is optimistic. Spain, Portugal and Ireland are making substantial progress. However, the crisis is not over yet, she notes.
“Eurozone On Stable Ground” / Picture: © Vindobona.org
According to Fekter, the downgrade of ESM was not due to the lower rating of France. However, Fekter thinks that the downgrade was not comprehensible. Last week, France lost its AAA-rating. Fekter emphasizes that the crisis does not aggravate. By contrast, there is a clear upward trend, the Minister said in an interview with the Austrian news magazine…
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