www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

EU mulls rating agency ban: report

China Daily | Updated: 2011-10-21 08:06

EU mulls rating agency ban: report

The Moody's Investors Service Inc headquarters in New York. EU politicians are accusing rating agencies such as Moody's, Standard & Poor's and Fitch Ratings of totally misrepresenting the financial situation of individual countries. Scott Eells / Bloomberg

FRANKFURT / MADRID - The European Commission is considering a possible ban on rating agencies from publishing their assessments of EU countries in difficulty, the Financial Times Deutschland reported on Thursday.

The European Union's commissioner for internal markets and services Michel Barnier has drawn up a draft proposal empowering the new European Securities and Markets Authority to "temporarily prohibit" agencies from publishing their analyses on a country's solvency, the newspaper said.

FT Deutschland said it obtained a copy of the confidential draft.

Barnier is concerned that the publication of a rating at an "inopportune moment" for a country when it was negotiating financial aid from the EU's bailout fund or the International Monetary Fund could have "negative effects for that country's financial stability and possible destabilizing effects for the global economy".

Politicians accuse rating agencies such as Moody's Investors Service Inc, Standard & Poor's Ratings Services and Fitch Ratings of totally misrepresenting the financial situation of individual countries, thereby only intensifying the crisis further.

A downgrade of its sovereign debt rating has enormous consequences for a country, pushing up its borrowing costs and its loan repayments.

Earlier this week, Moody's warned France that it may place a negative outlook on its cherished AAA credit rating in the coming months as the government's financial strength "has weakened".

Also this week, Moody's cut Spain's rating by two notches to A1 from AA2, with a negative outlook, "to reflect the downside risks from a potential further escalation of the euro area crisis".

The downgrade came days after a similar move from Standard & Poor's, which last week cut Spain's sovereign rating from AA to AA-, with a negative outlook. Fitch Ratings slashed Spain's rating by two notches earlier this month.

Spain's Treasury challenged the sovereign downgrade, saying in a letter to investors the downgrade "may be motivated more by a short-term reaction to negative news about the eurozone debt markets" than by long-term fundamentals.

"The nation's significant deleveraging has significantly reduced its external financing needs," the Treasury said. "The Spanish government remains committed to fiscal consolidation and structural reform."

Barnier is to officially submit his proposals by next month at the latest, and some amendments are possible, FT Deutschland reported.

Agence France-Presse

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美在线一区二区三区不卡 | 欧美高清日本三级人妇 | 久久影视一区 | 九色视频在线观看免费 | 国产精品亚洲精品影院 | 欧美一级毛片100部 欧美一级毛片aaaaa | 国产一级毛片视频 | 在线观看中文字幕国产 | 毛片一级免费 | 爱视频福利广场 | 亚洲一区二区三区一品精 | 成人精品一区二区久久久 | 国产欧美一区二区三区沐欲 | 喷潮白浆 | 在线不卡一区二区三区日韩 | 成人欧美视频免费看黄黄 | 久久99国产精品视频 | 国产日韩欧美视频在线 | 国产不卡一区二区三区免费视 | 国产精品亚洲片夜色在线 | 国产欧美一区二区三区精品 | 免费观看日本高清a毛片 | 在线播放免费一级毛片欧美 | 午夜一级做a爰片久久毛片 午夜伊人网 | 国产成人亚洲综合91精品555 | 国产精品路边足疗店按摩 | 亚洲国产日韩欧美在线 | 日本精品久久 | 亚洲视频在线播放 | 黄 色 三 片| 一级毛片一片毛 | 经典日韩| 亚洲综合天堂 | 神马国产 | 久久夜色精品国产亚洲 | 免费的三级网站 | 日本韩国欧美在线观看 | 中文字幕中文字幕在线 | 国产成人免费午夜在线观看 | 国产欧美精品一区二区 | 澳门一级毛片手机在线看 |