Olli Rehn lashes out at Standard & Poor's. The European head of economic affairs has not digested the rating agency's decision to remove the triple A from the EU, and attacks: "The European Commission does not agree with Standard & Poor's on the fact that the obligations of the member states on the budget in a stress scenario are called into question: all states have always, even during the financial crisis, provided their expected contributions to the budget in full and on time".
The new long-term assessment on the European Union is AA+, with a positive outlook.