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    Euro zone credit ratings threat ahead of crucial summit

    euronews (in English)

    by euronews (in English)

    US ratings agency Standard and Poor's continued to ratchet up the pressure on EU leaders on Tuesday. As well as threatening to slash credit ratings across the euro zone it has put the European Financial Stability Facility on negative watch. Its logic is that the facility's performance depends on the creditworthiness of six AAA rated countries that could be downgraded. ...