2011-12-08

Euro Downgrade Is an American Plot

The general secretary of the Social Democratic party (SPD), Andrea Nahles, described the Standard and Poor’s announcement as “shameless.” Former German finance minister Peer Steinbrück, also of the SPD, spoke of a “provocation” and urged the European Commission to subject the rating agencies to “far stricter regulation.”
German Politician: Euro Downgrade Is an American Plot

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