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Europe Daily Bulletin No. 10161

17 June 2010
Contents Publication in full By article 16 / 32
GENERAL NEWS / (eu) ep/financial services
Parliament doubts ability of rating agencies to rate sovereign debt risk

Brussels, 16/06/2010 (Agence Europe) - In putting an oral question to the European Commission on the role of credit rating agencies in the financial crisis and in the crisis that has affected the euro area, MEPs asked it to do more to regulate the activities of these agencies which assess the risk of default of products, financial players or states. Nikolaos Chounis (GUE/NGL, Greece) slammed the “Holy Trinity” made up of the three main rating agencies, Moody's, Standard & Poor, and...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS