RSS Feed
July 26th, 2012 
FAKE NEWS for the Zionist agenda “Today’s action follows Moody’s decision to change the outlooks on the German sovereign and sub-sovereign ratings to negative from stable,” Moody’s said in a statement on Wednesday.
Moody’s cut Germany’s ratings outlook from stable to negative on Monday, citing exposure to European financial woes and the possible cost of more bailouts.
The rating company cut the outlook on a group of state-backed regional banks, known in Germany as Landesbank, but also included IKB Deutsche Industriebank and Deutsche Postbank.
Many banks of the Landesbank group have struggled since the 2008 financial crisis and amid Europe’s ongoing economic crisis.
Moody’s warned that more downgrades could come if there was a “further deterioration of the creditworthiness” of the Germany’s central or regional governments.
AGB/AS
Views: 0
Posted in 
Tags: 
