Eyes on Brussels, on which the fate of the European Union depends. And the Standard & Poor's rating agency, which had already expressed doubts about the EU's ability to coping with the crisis, put the 17 countries of the euro area under close scrutiny. S&P has formalized the positioning of credit watch with negative implications for the triple A rating of the EU17. It is the consequence of the credit watch placed on 15 Eurozone countries (except Cyprus and Greece which were already under observation by the agency).
What worries S&P is the debt crisis that is raging in Europe and the possibility of not being able to bear a further worsening of the financial situation.
The American agency has finally declared that it will take a definitive position after the conclusion of the top of today and tomorrow.
