Tuesday, December 14, 2010

Eurozone Contagion: S&P Moves Belgium To Negative Outlook

"Here are some more thoughts on S&P moving its outlook on Belgium’s AA+ rating to negative from stable.  S&P noted that it may cut the rating by one notch within the next six months if the major political parties do not form a government soon, and added that a cut could still be seen over the next two years if the next government fails to stabilize public debt and improve political cohesion..."

at  http://www.creditwritedowns.com/2010/12/belgium-credit-outlook-negative.html

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