S&P Move Piles Pressure on Euro Zone Assets

European stocks and the euro slid and most bond yields rose after the threat from rating agency Standard & Poor's to downgrade euro zone countries en masse if no credible plan to solve the debt crisis emerges at a summit later this week.

By SHARIFULLAH SAHAK and ROD NORDLAND 06 Dec, 2011


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Source: http://feeds.nytimes.com/click.phdo?i=66e6ac3fa2a9db34a4bf99998697e235
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