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Europe Daily Bulletin No. 10510

7 December 2011
SOVEREIGN DEBT CRISIS / (ae) euro
Moment of truth approaches for top-notch eurozone nations

Brussels, 06/12/2011 (Agence Europe) - The moment of truth is approaching for the six eurozone nations with the top credit rating (AAA) because credit rating agency Standard & Poor's (S&P) threatened on Monday 5 December that it is considering downgrading their credit rating, which enables them to borrow money at very low cost.

S&P is stoking the fires ahead of the European summit in Brussels on 8-9 December. On Tuesday 6 December, German Chancellor Angela Merkel said the European summit's...

Contents

A LOOK BEHIND THE NEWS
SOVEREIGN DEBT CRISIS
ECONOMY-FINANCE-BUSINESS
SECTORAL POLICY
SOCIAL AFFAIRS
EXTERNAL ACTION
COURT OF JUSTICE