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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> European Financial Stability Facility

Eurozone may get S&P credit downgrade

Posted by RJ and Makay on Dec 06, 2011

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EurozoneStandard and Poor’s (S&P) warned 15 Eurozone nations, including Germany and France, that they could be subject to credit downgrades should an upcoming meeting of Eurozone leaders fail to come up with an acceptable course of action to resolve the Eurozone debt crisis. European Union (EU) leaders are scheduled to meet this Thursday and Friday in Brussels to discuss strategies to contain the crisis.