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Moody´s Warns Austria of Another Downgrade

Published: June 9, 2012; 13:55 · (Vindobona)

The U.S. rating agency may downgrade European AAA-countries like Austria, Germany or France soon.

Moody´s Warns Austria of Another Downgrade / Picture: ©

In case of a Greek exit or capital injections for Spanish Banks, Moody´s will downgrade a number of Eurozone member states. The EU expects that Spanish banks may have a capital shortfall of up to € 100bn. But for the time being, the problems of the Spanish banking sector would be domestic problems.

At the moment, Germany, France, Finland, the Netherlands and Austria have an…

This article includes a total of 247 words.

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