"With this agreement, the Eurozone could begin to stabilize and put an end to the loss of solvency of the States", but "immediately" no upgrades are envisaged. This is what can be read in a press release from Standard & Poor's with reference to theagreement reached last week by the Eurogroup.
"We believe that the expansion of the political response to the crisis - underlines the rating agency again - is a step in the right direction", but "significant risks" still weigh on the application of these measures.
