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S&P downgrade threats put pressure on EU leaders

A rating agency’s threat to downgrade 15 eurozone countries, including Germany, as well as Europe’s bailout fund has added pressure on the region’s leaders to find a lasting solution to their crisis at a summit this week. Chancellor Angela Merkel on Tuesday downplayed Standard & Poor’s warnings, but the possibility that a downgrade of eurozone… Continue Reading S&P downgrade threats put pressure on EU leaders