Rus News Journal

Europe can create the rating agencies

Discontent of the European politicians with actions of rating agency Standard and Poor`s, lowered one of these days ratings at once the several countries of an eurozone, has become the cause for the statement of the Minister for Foreign Affairs of Germany Guido Vestervelle which has suggested Europe to create the independent rating agencies. In its opinion, it is necessary to put an end to dictatorship of the American agencies.

Discontent of the European politicians with actions of rating agency Standard and Poor and #39; s, lowered one of these days ratings at once the several countries of an eurozone, has become the cause for the statement of the Minister for Foreign Affairs of Germany Guido Vestervelle which has suggested Europe to create the independent rating agencies. In its opinion, it is necessary to put an end to dictatorship of the American agencies.

As transfers news agency referring to the message of the federal chancellor of Austria Verner Fajmana placed on its blog in Facebook, decision S &P about rating fall tsentralnoevropejskogo the states says that it is time to Austria to become more independent of the financial markets . And the president of Cyprus Dimitris Hristofias named fall of a rating of the country on two steps unacceptable having noticed that the rating has been lowered then, when the economy of Cyprus has started to leave crisis .

the Press - secretary S &P Martin Uinn has denied opinion that decisions of its agency on fall of ratings of the EU countries can be political, referring thus to world reputation of agency and its ratings.

In the night from Friday to Saturday agency Standard and Poors has informed on decrease in credit ratings of France, Austria, Italy, Spain, Portugal (on two points) and four more countries of a zone of euro. It is expected that consequences of this decision will mention not only European soverenov, but also will complicate the general efforts on an exit of the Old World from crisis. The basic mechanism of struggle against a debt infection - the European stabilisation fund - receives means for the help to the problem countries under guarantees AAA - the states. Therefore decrease in a rating of France and Austria will lead rise in price of loans for EFSF.