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Seamus Coffey: Downgrades another bump on a long road that seems to have no turning

THE resolution of the eurozone crisis hit another bump on the road with the raft of soverign debt downgrades announced by ratings agency Standard & Poors last Friday. These downgrades were not a very well kept secret and really don’t tell us anything we don’t already know.

THE resolution of the eurozone crisis hit another bump on the road with the raft of soverign debt downgrades announced by ratings agency Standard & Poors last Friday. These downgrades were not a very well kept secret and really don’t tell us anything we don’t already know.


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