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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Moody's gives ESM its triple-A rating

SAN FRANCISCO (MarketWatch)
Moody's Investors Services said Monday that the newly approved European Stability Mechanism, Europe's permanent bailout fund, has been given a long-term issuer rating of Aaa with a negative outlook
Its creditworthiness is based on the creditworthiness of the ESM's member states and the anticipated low leverage, Moody's said in a release
The negative outlook reflects the negative outlook on all but one of the Aaa-rated member states and guarantors, including Germany, France and the Netherlands

1 comentario:

El Genio dijo...

Revitalizar el crédito es crucial para la recuperación", señaló Draghi, quien subrayó que a día de hoy es fundamental recuperar la confianza de los inversores en los bancos.