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• Moody's downgrades the European countries

  thewall.com.au | 1:12 pm Feb 14, 2012

  • Moody's cut the credit ratings of six European countries on Monday amid continued anxiety and the United Kingdom -- had the outlook on their current Aaa ratings changed to "negative."
  • Moody's said in a statement that the main drivers of the ratings changes included the resources that will be made available to deal with the crisis
  • The Greek Parliament voted early Monday to approve a package of austerity reforms aimed at securing the bailout the European Financial Stability Fund. Instead, the ratings agency affirmed its provisional AAa long-term debt rating with a stable outlook.

• Moody's downgrades European countries

  cnn.com | 12:38 pm Feb 14, 2012

  CNNMoneyMarketsNEW YORK (CNNMoney) -- Moody's cut the credit ratings of six European countries on Monday amid continued anxiety over the continent's debt crisis and its sluggish economy. Italy, Malta, Portugal, Slovakia, Slovenia and Spain were all…

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