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Showing posts with label Germany’s cost of borrowing. Show all posts
Showing posts with label Germany’s cost of borrowing. Show all posts

Wednesday, July 25, 2012

Germany Pushes Back After Moody’s Lowers Rating Outlook

Chancellor Angela Merkel’s government said Germany will remain Europe’s haven during the financial crisis, pushing back against Moody’s Investors Service’s decision to lower the outlook on the country’s top credit rating.