Brussels, 17/03/2011 (Agence Europe) - MEPs on the European Parliament's economic and monetary affairs committee have suggested setting up an EU credit rating foundation to counterbalance the power of the Big Three that currently dominate the market for sovereign debt ratings (Moody's, Standard & Poor and Fitch). This is one of the main elements of an own initiative report drawn up by German Liberal Wolf Klinz which was voted through by the committee on Wednesday 16 March. In a press...