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Italy can stand the US rating agencies’ meaningless degrading

March 11, 2013 by Dennis Kefalakos 1 Comment

Last Friday the Fitch rating agency downgraded Italy’s long term creditworthiness to “BBB+” from “A-“, with negative outlook. The American firm did that with a delay of many days after the Italian elections, citing as reason the unconventional results of the vote. It is important to note however that capital markets themselves, after the initial […]

Filed Under: Policy, Politics Tagged With: Draghi, Fitch, Italy, Moody's, rating agencies, S&P

The European Parliament fails to really restrict the rating agencies

January 17, 2013 by Maria Milouv Leave a Comment

The European Parliament adopted yesterday tougher rules for the issuance of creditworthiness ratings on governments and private businesses by the relevant agencies. Obviously the new legislation was voted in relation with and aims to set new restrictions on the activities of the three largest of them, namely Standard & Poor’s, Moody’s and Fitch IBCA. But […]

Filed Under: EUGlobe, Policy, USA Tagged With: andard & Poor’s, creditworthiness ratings, EFSF/ESM, Europe, European Commission, European Financial Stability Facility, European Parliament, European Stability Mechanism, Fitch IBCA, Frankfort, Japan, London, Michel Barnier, Moody's, New York, Paris, Parliamentarians, rating agencies, sovereign debt ratings, systemic, US

COP 26: Goals & Critical Criticism

March 11, 2022

This article was written for The European Sting by one of our passionate readers, Dr Animesh Upadhyay. The opinions expressed within reflect only the writer’s views and not necessarily The European Sting’s position on the issue. The 26th Conference of the Parties lasted from the 31st of October 2021, until the end of 12thNovember 2021. One […]

Live from the war in Ukraine: Kharkiv’s Universities, Cultural Landmarks and Residential Buildings are being erased

March 3, 2022

This article was exclusively written for The Sting by our writers at the heart of the war in Kharkiv. The unceasing bombardment of Kharkiv continues on its seventh day. For seven days, aerial and artillery bombardment has struck Kharkiv, tearing out bits and fragments of this city, one cultural landmark at a time. In the […]

Breaking: The sounds of war in Kharkiv

March 2, 2022

This article was exclusively written for The Sting by our writers at the heart of the war in Kharkiv. Kharkiv, a city of 3 million people, is a city not under siege, but under continuous aerial bombardment for the fifth day in a row. While images are often described as being worth a thousand words, […]

The ever-growing crises that are displacing migrants from their homes

August 9, 2021

This article was written by one of our guest writers, Mr. Aaron Gates-Lincoln, writer for Immigration News. The opinions expressed within reflect only the writer’s views and not The European Sting’s position on the issue. The ever-growing crises that are displacing migrants from their homes are dominating the headlines in the world of immigration. The act […]

A Continental Political Party

July 1, 2021

This article was written by one of our passionate readers, Mr. Tomasso Merlo. The opinions expressed within reflect only the writer’s views and not The European Sting’s position on the issue. A continental political party is needed for European political unification to proceed. A party that represents all the pro-European citizens spread across the continent. […]

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The European Parliament fails to really restrict the rating agencies

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