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Markets  |  December 02, 2012 20:44:05

The European bailout mechanism came the highest rating

Moody's on Friday lowered ratings of European bailouts and mechanisms-the EFSF and ESM - from AAA to Aa1, but with a negative outlook.

The rationale states that there is a strong correlation between financial stability mechanisms themselves and the financial strength of countries that support them. Rating AAA nedopovídá power country in the background. The High Representative of both mechanisms Klaus Regling expressed surprise that Moody's statement with the fact that such action is difficult to understand.

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Evropský záchranný mechanismus přišel o nejvyšší rating

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