Italy downgrade by Moody’s increases pressure to shore up eurozone banks

Three-notch reduction came hours after George Osborne and Brussels called on Europe’s leaders to prop up bank finances Italy downgrade: The reduced rating by Moody’s came just after the chancellor, George Osborne, and other EU finance ministers met in Luxembourg to discuss stronger backing to prop up Europe’s banks.

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Three-notch reduction came hours after George Osborne and Brussels called on Europe’s leaders to prop up bank finances Italy downgrade: The reduced rating by Moody’s came just after the chancellor, George Osborne, and other EU finance ministers met in Luxembourg to discuss stronger backing to prop up Europe’s banks.

… leggi tutto (read all)