EU mulls rating agency ban: report
China Daily | Updated: 2011-10-21 08:06
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The Moody's Investors Service Inc headquarters in New York. EU politicians are accusing rating agencies such as Moody's, Standard & Poor's and Fitch Ratings of totally misrepresenting the financial situation of individual countries. Scott Eells / Bloomberg |
FRANKFURT / MADRID - The European Commission is considering a possible ban on rating agencies from publishing their assessments of EU countries in difficulty, the Financial Times Deutschland reported on Thursday.
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