Brussels, 15/11/2011 (Agence Europe) - Due to lack of enough support among European commissioners, EU Internal Market Commissioner Michel Barnier has had to drop his idea of allowing the European Securities and Markets Authority (ESMA) to temporarily suspend the rating of sovereign debt for struggling countries (see EUROPE 10494). He said on Tuesday 15 November, as he unveiled a draft directive to change the rules governing credit rating agencies registered in the European Union, that he...