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Europe Daily Bulletin No. 13177

9 May 2023
Contents Publication in full By article 22 / 26
NEWS BRIEFS / Economy
Financial rating of euro area’s interim rescue fund downgraded

08/05/2023 (Agence Europe)The ‘European Financial Stability Facility’ (EFSF), the predecessor of the ‘European Stability Mechanism’ (ESM), took note on Saturday 6 May of the decision by Fitch Ratings to lower its financial rating by one notch, from AA to AA-, on long-term debt issues only. This decision is the consequence of the decision by the same agency at the end of April to downgrade France’s financial rating, also by one notch from AA to AA-. The EFSF was originally...

Contents

SECTORAL POLICIES
INSTITUTIONAL
Russian invasion of Ukraine
EXTERNAL ACTION
EU RESPONSE TO COVID-19
NEWS BRIEFS
Op-Ed