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Europe Daily Bulletin No. 10738

27 November 2012
ECONOMY - FINANCE - BUSINESS / (ae) rating
EP and Council of Ministers discuss civil liability

Brussels, 26/11/2012 (Agence Europe) - Representatives of the EU27 member states and the European Parliament will be meeting with the European Commission on Tuesday to discuss changes to the EU rules on credit rating agencies. Outstanding issues include the new requirement for rotation of rating agencies, rating agencies' civil liability and the rating of sovereign debt. It is hoped everything can be ironed out by the end of the year.

At the previous three-way meeting of this nature (last...

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