S&P Dampen Euro Recovery Optimism

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Euphoria surrounding the outcome of the Merkozy meeting yesterday, has taken a backseat after Standard & Poor’s (S&P) put its long-term sovereign ratings on 15 Eurozone nations, including the six AAA rated countries, on review for a possible downgrade. S&P has indicated that it will decide on the ratings based on the result of the crucial European Union summit scheduled for later this week. Contact your dealer if you’re worried that you may be affected by the aftermath of the upcoming summit.

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S&P Dampen Euro Recovery Optimism

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