- S.&P. Downgrades 34 Italian Banks February 11, 2012The credit ratings agency said it expected weak performance for Italian banks in the years ahead.
- Europe's Banks Reluctant to Lend to Companies in Need of Cash February 6, 2012As profits and sales slip, some European companies are scrambling to pay their bills, at a time when banks grow increasingly hesitant to lend.
- DEALBOOK; Lax Oversight Is Blamed In Demise of MF Global February 3, 2012House panel faults risk oversight by some ratings agencies and MF Global's chief risk officer Michael Stockman for the firm's demise; upon questioning, executives from Standard & Poor's and Moody's portrayed their ratings as prudent, faulting MF Global for obscuring its holdings. Photo
- Credit Downgrades Can Be Poor Predictors — Fundamentally January 22, 2012If you’re trying to decide whether to invest in Europe, various market factors may offer better gauges than the lowering of countries’ debt ratings.
- Austria’s Downgrade: The Government’s View January 21, 2012The consul general of Austria protests Standard & Poor’s downgrade of his country’s rating.
- Europe Downgrades Ratings Agencies January 20, 2012Amid a growing backlash over the power of the international ratings agencies, calls rise to set up a home-grown alternative to the U.S.-based big three - S.&P., Moody's, and Fitch. In the meantime, central bankers say, pay them less attention.
- Downgrade of France’s Credit Rating January 18, 2012Standard & Poor’s downgraded the credit ratings of France, Italy and seven other European countries.
- European Central Bankers Criticize Role of Rating Agencies January 18, 2012The heads of the European Central Bank and the Bank of England are urging investors to pay less attention to ratings downgrades of euro zone countries.
- European Markets Edge Higher January 17, 2012The anticipated cut by Standard & Poor’s had little impact on financial markets, as the euro barely budged, stock indexes rose broadly and France’s short-term borrowing costs declined.
- Euro Woes Could Revive Bout of Market Volatility January 17, 2012Renewed gloom about the debt crisis in Europe threatens to end the calm that has prevailed on Wall Street in recent weeks.
- Gap in Competitiveness Weighs on Europe, Analysts Say January 16, 2012In confronting the debt crisis, European leaders must not lose sight of the need to rebuild their economies by investing in technology or making labor markets more flexible, analysts say.
- After Downgrades, European Leaders Argue for Both Austerity and Stimulus January 15, 2012In Spain, the prime minister pledged spending cuts and a banking-system cleanup, while in Italy, the prime minister called for “efforts in favor of growth.”
- Downgrade of Debt Ratings Underscores Europe’s Woes January 14, 2012Combined with a snag in talks between Greece and its creditors, the ratings agency Standard & Poor’s action served as a reminder that Europe has found no solution to its debt turmoil.
- A Long Bleak Winter January 14, 2012After a few weeks of calm, austerity measures freeze the weakened European economies. It is time to shift course.
- In France, the Pain of Rating Downgrade Is Especially Acute January 14, 2012Keeping its AAA credit rating had long been a badge of honor for the country and a political point of pride for President Nicolas Sarkozy.
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