Latest update: 11/03/2013
- credit crisis - euro
Credit Rating Agencies: The new masters of Europe?
Three weeks ago, the UK lost its cherished triple A credit rating for the first time since the 1970s. Moody's now expects that economic growth will be sluggish in the second half of the decade. In our programme, we look at the role of credit rating agencies. Have they become the new masters of Europe? Are their assessments credible?
With our guests :
- Rebecca Harms, German MEP, Group of the Greens
- Sir Graham Watson, British MEP, Liberals and Democrats