Home > Man-Made Disasters > S&P Puts 15 EU Nations on Negative Credit Watch

S&P Puts 15 EU Nations on Negative Credit Watch

12/05/2011 Leave a comment Go to comments

Frame-by-frame we’re witnessing yet another picture leading up to the Euro’s inevitable all-out collapse. Although the scene may change momentarily, the end result of this slow-motion train wreck still leads to nothing but one monumental mess …

“Standard & Poor’s put 15 European Union nations on watch for a possible downgrade of their credit ratings as the continent’s debt crisis lingers.

The threat to downgrade the euro zone countries — including the ones that enjoy the stellar triple-A-rating — comes ahead of a crucial summit of EU leaders later this week.

The nations include Austria, Belgium, Estonia, Finland, France, Germany, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, the Solvak Republic, Slovenia and Spain.

Greece and Cyprus were not included on the list. Cyprus was already on negative watch.” Read more.

Categories: Man-Made Disasters
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