Tue, 04 Sep 2012 08:20:04 GMT
Moody's changes EU rating outlook to "negative"
Moody's Investors Service cut the outlook on the top-notch Aaa rating of the EU to "negative" from "stable", saying it may downgrade the region if it cuts the ratings on the EU's 4 biggest economies: Germany, France, the U.K, and the Netherlands. In July Moody's cut its outlook to "negative" for Germany, the Netherlands, and Luxembourg as the escalating Eurozone