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Europe Daily Bulletin No. 10337

16 March 2011
Contents Publication in full By article 12 / 41
GENERAL NEWS / (eu) eu/eurogroup
Commission urged to do something about rating agencies

Brussels, 15/03/2011 (Agence Europe) - Upon request from the Greek finance minister, the meeting of the Eurogroup on Monday 14 March briefly discussed the role of financial rating agencies and their influence on the bond market. The chair of the Eurogroup, Jean-Claude Juncker, commented that many ministers were astounded at the timing of the downgrading of Greece and Spain and had urged the European Commission to continue its work on increasing control over ratings agencies registered in the...

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