So you really think things will be better in 2012?


The reality is that what they do over there can effect us in so many ways.

Five European Nations to Be Downgraded by S&P: Report

Published: Friday, 13 Jan 2012 | 1:18 PM ET
Standard & Poor’s will cut the credit ratings of Italy, Spain and Portugal by two notches and downgrade France and Austria by one notch, a French newspaper said Friday, without citing its sources.

 

The newspaper, Les Echos, said that S&P would spare Germany, the Netherlands, Finland and Luxembourg in its long-awaited adjustment of euro zone sovereign ratings.

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