Ratings agency Moody's has issued a 'negative' annual outlook for sovereign creditworthiness in the euro area for 2020, downgrading the bloc from 'stable' this time last year.
While the annual report is an update to the markets and not a formal ratings action, it highlighted a number of factors which heighten the risk of investing in the debt of euro area economies in 2020.
The 'Euro Bridge' sound and light show followed by fireworks introduces the launching of the euro 01 January 2002 on the esplanade of the Cinquentenaire park in Brussels.Ratings agency Moody's has issued a "negative" annual outlook for sovereign creditworthiness in the euro area for 2020, downgrading the bloc from "stable" this time last year.
While the annual report is an update to the markets and not a formal ratings action, it highlighted a number of factors which heighten the risk of investing in the debt of euro area economies in 2020.
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