This is what has been agreed, in principle, by the European Parliament, governments and the European Commission on the rules for rating agencies – Other technical meetings are now scheduled to decide the details.
Up to three sovereign debt ratings each year and more transparency, reduced dependency on external ratings, civil liability, elements of competition: these are the cornerstones of thepolitical agreement reached by the European Parliament, governments and the European Commission on the rules for rating agencies.
Now there will be several technical meetings to bring the text to the plenary session of the European Parliament in January.
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