Germany shrugs off outlook
Source: Agencies |
July 25, 2012, Wednesday
|
Print Edition
Print Edition
THE German government has downplayed the decision of ratings agency Moody's to place Europe's biggest economy on a negative outlook.
The Finance Ministry noted in a statement late on Monday that Moody's Investors Service had kept Germany's Aaa credit rating, the highest possible.
But Moody's had also lowered the outlook for Germany, the Netherlands and Luxembourg.
The Finance Ministry noted in a statement late on Monday that Moody's Investors Service had kept Germany's Aaa credit rating, the highest possible.
But Moody's had also lowered the outlook for Germany, the Netherlands and Luxembourg.
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