The credit ratings agency Moody's has warned that the outlook for Germany's AAA credit rating is negative. This is the first step towards a possible downgrade. The ratings for the eurozone's other top-rated economies the Netherlands and Luxembourg were also put on negative outlooks. Moody's said the countries were at risk from wider eurozone troubles and a possible Greek exit from the euro. France and Austria lost their AAA ratings earlier this year.
News On AIR | July 24, 2012 9:10 AM
Moody's warns of possible downgrade of Germany's credit rating