Five reasons against 'banning' sovereign ratings
The European Commission is actively considering allowing the region's financial regulator to ban the issuing of sovereign credit ratings in the region for countries in bailout talks - Financial News looks at the implications of such a move
The European Commission is actively considering allowing the region's financial regulator to ban the issuing of sovereign credit ratings in the region for countries in bailout talks. Here are the implications of such a move.
1) Market confidence in these countries could disappear