Germany Will Feel French Downgrade

Germany Will Feel French Downgrade

Who will suffer most from Standard and Poor’s European sovereign-debt downgrades of January 13? Not France, though it lost its triple-A rating. Not Italy, whose rating dropped to BBB+, out of respectable A status. Rather, it will be Germany. The continent’s powerhouse guarded its sterling rating, but Chancellor Angela Merkel will find it lonely at the top.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles