Friday, 16 December 2011

El Pais, " Page Not Found" (ratings war & the French 'war of words')

Eurointelligence linked to a page in El Pais. I tried it. Page Not Found!
This message appeared instead. Second thoughts about this French attack on the UK? Something lost in translation?
Page Not Found
Reason: File "Paris seems to have assumed that the loss of its AAA credit rating maximum is a matter of days or perhaps hours. All day yesterday circulated reports that the indigestible Standard & Poor's was to communicate the reduction of the note assesses the credit risk of sovereign debt at nightfall. The denial of the Elysee only prolonged the agony, and did not mitigate the resounding echo of the statements of the Bank of France governor and chief executive of the ECB, Christian Noyer, who launched harsh criticism of the agencies, and in an undiplomatic gesture, fired United Kingdom: "Agencies should start to degrade Britain's triple A," Noyer said, "they have higher deficits, more debt, more inflation, less growth than we and credit is shrinking."" was not found (2)!


Never fear, The Telegraph has it.

BBC update


BBC on Fitch ratings

FT: On the "Anglo-French spat"

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