[Debate] S&P 'to warn Germany and five other AAA euro nations'

[Riaz K Tayob]

5 December 2011 Last updated at 19:18 GMT
http://www.bbc.co.uk/news/business-16042346


  S&P 'to warn Germany and five other AAA euro nations'


Standard and Poor's (S&P) is to warn six AAA-rated euro nations that 
their credit ratings could be downgraded.

In a statement later on Monday, S&P will put Germany, France, The 
Netherlands, Austria, Finland and Luxembourg on "creditwatch negative", 
the Financial Times reports.

That designation means there is a 50% chance of a downgrade from the firm.

The move would come as a surprise to markets which had seen strong gains 
earlier in the day.

S&P refused to comment on the reports.

The French, German and UK stock exchanges ended the day between 0.3 and 
1.1% up.

However following the reports of a possible downgrade, the Dow Jones 
lost some of its early gains.

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